Telangana Crop Loan Waiver Scheme – The Government of Telangana has come up with another scheme that will benefit all of the farmers of Telangana state. This scheme is known as the Telangana Crop Loan Waiver Scheme and today in this article, we will share with you all the important aspects of the Telangana crop loan waiver scheme for the year 2024. In this article, we will discuss the aspects that are important to know if you are a farmer in the Telangana state. After reading this article, you will be able to know about all of the essential details of the Scheme.
Telangana Crop Loan Waiver Scheme 2024
The Telangana government has come up with this crop loan waiver scheme so that the loans that have been undertaken by the farmers of the Telangana state can be waived off if they are not able to pay it back. Through the implementation of the scheme, the farmers of the Telangana state will be able to live life happily and without any financial burden of loans and advances that they have taken from any of the people to carry on their daily livelihood.
Objective Of Telangana Crop Loan Waiver Scheme
The main objective of the Telangana crop loan waiver scheme is to waive off the loans of those farmers who are not in a state to pay them back. With the help of this scheme, the farmers of Telangana will become free of the financial burden and will be able to live their lives happily. Under this scheme, the loan waiver will be given up to Rs 100000. Now with the help of this scheme, the farmers of Telangana state will become free of the financial burden and will be able to carry out their farming activities happily.
Details Of Telangana Crop Loan Waiver Scheme
| Name | Telangana Crop Loan Waiver Scheme |
| Launched by | Telangana Government |
| Beneficiaries | Farmers of Telangana |
| Objective | Providing Loan Waiver |
| Official Website | – |
Benefits Of Ts Crop Loan Waiver Scheme
The following benefits provided to the people who enrolled themselves Telangana crop loan waiver Scheme:-
- The loan waiver will be given up to Rs. 1 Lakh to the farmers in five phases.
- The state government has promised to waive off the crop loan of Rs. 25000/- in the first phase
- The rest incentives will be given from Rs. 25000/- to Rs. 1 Lakh in the next four phases in four years.
- For the first phase, the government has sanctioned the budget amount to Rs. Rs 1,198 crore.
- For the next four phases, Rs 24,738 crore is sanctioned.
- The State government had earmarked Rs 6,225 crore in the budget under the scheme towards the first instalment.
Telangana Crop Loan Waiver Scheme Statistics
| Banks | 42 |
| Branches | 3351 |
| Districts | 33 |
| Mandals | 589 |
| Clusters | 2802 |
| Villages | 12920 |
Implementation Of Telangana Crop Loan Waiver Scheme
The Chief Minister of Telangana has said that the online portal will be developed for undertaking the activities related to the Telangana crop loan waiver scheme and through the implementation of the website many farmers will be able to register themselves under the scheme while sitting at their home. The banks will prepare a village-wise list of farmers with outstanding loan amounts in a prescribed format. The report will be submitted to the authorities concerned. A district-level bankers committee meeting will be held before finalizing the eligible list of farmers and commencing the distribution of cheques to eligible farmers.
Eligible Loans
The
following loans will be waived off of the farmers of the Telangana state:-
- Short-term production loans
- Crop loans against gold given
by-- Scheduled commercial banks
- Cooperative credit
institutions including-- Urban cooperative banks
- Regional rural banks
Not Eligible Loans
The
following loans are not eligible to be waived off under the scheme:-
- Advances against pledge
- Hypothecation of agriculture
produce other than-- Standing crops
- Tie-up loans
- Closed crop loan
accounts/written-off loans - Loans to joint liability
groups (JLGs) - Rythu mithra groups (RMGs)
- Loan eligibility cards (LECs)
- The loans that are restructured and rescheduled.
Girijana Bandhu Scheme Telangana
Eligibility Criteria for Telangana Crop Loan Waiver Scheme
To be
eligible for the scheme, you need to follow the following eligibility criteria
given below:-
- The applicant must be a resident of Telangana state
- The applicant must be a farmer by profession
- This scheme is applicable for all those crops that sanctioned the loan amount after 1st April 2014 and outstanding till 11 December 2018.
Users of CLW portal
- Secretaries of Agricultural and Finance Department
- District collectors
- District agriculture officials
- LDMs
- AEOs
- Bank and branch managers
Application Procedure Of Telangana Crop Loan Waiver Scheme
If you want to apply for TS crop loan waiver scheme then you have to follow the steps given below:-
- First of all go to the official websiteof the crop loan waiver scheme.
- The home page will open before you
- On the homepage, you are required to click on apply now
- Now application form will open before you
- You have to enter all the required information like your name, address, email, mobile number, bank account details etc in this application form
- After that, you have to attach all the required documents
- Now you have to click on submit
- By following this procedure you can apply for crop loan waiver scheme
Login On The Portal
- First of all, go to the official website of the crop loan waiver scheme
- The home page will open before you
- On the homepage, you are required to click on the login
- Now you will be redirected to a new page where you have to enter your username, password in captcha code
- After that, you have to click on the login
- By following this procedure you can log in on the portal.
View Application Status
- Visit the official website of crop loan waiver scheme
- The home page will open before you
- On the home page, you have to log in on the portal by clicking on the login link
- After logging in you have to click on application status
- Now you have to enter your application number
- After that, you have to click on check application status
- Application status will be on your computer screen
View Contact Information
- Go to the official website of crop loan waiver scheme
- The home page will open before you
- On the homepage, you are required to click on contact us
- Now a new page will open before you containing all the contact information
- You can get the contact details of all the officers from this page