Farmers in Telangana have some good news with the new Telangana 2 Lakh Farm Loan Waiver Scheme. This scheme is here to ease the financial pressure many farmers face by waiving farm loans up to 72 lakh. If you’re a farmer in Telangana, this program is made for you and aims to support your farming work.
Overview of Telangana 2 Lakh Farm Loan Waiver Scheme
The Telangana 2 Lakh Farm Loan Waiver Scheme is a plan by the Telangana government to clear farm loans for farmers up to 72 lakh. The government is working with banks to make this happen. By clearing these loans, farmers can focus on their crops without worrying about loan payments. This is part of the government’s effort to help farmers financially.
Main Highlights of Telangana 2 Lakh Farm Loan Waiver Scheme 2025
| Scheme Name | Telangana 2 Lakh Farm Loan Waiver Scheme |
| Launched By | Telangana Government |
| Purpose | To reduce farmers’ financial burden by waiving farm loans |
| State | Telangana |
| Loan Waiver Limit | Up to 72 lakh |
| Estimated Fund Needed | 740,000 Crores |
Why Was This Scheme Started?
This farm loan waiver was promised as part of the Telangana Congress party’s election manifesto for 2024. They promised to waive farm loans of up to 72 lakh to ease the money problems farmers face. The plan has the support of bank leaders and is expected to be put into action soon, helping many farmers get back on their feet and grow their crops without stress.
How Will the Telangana 2 Lakh Farm Loan Waiver Scheme Work?
The government plans to take loans from banks and then directly deposit the waived amount into farmers’ accounts. This will clear the outstanding loans of farmers up to 72 lakh. A corporation may be formed to work with banks and handle the payments in phases to farmers. This way makes sure the funds are transferred smoothly and the loan waiver is managed easily.
When Will the Scheme Start?
The exact launch date is not announced yet, but the government aims to begin the scheme during the 2025 budget session. Talks and plans are ongoing, and farmers can expect the scheme to start this year.
Main Benefits of Telangana 2 Lakh Farm Loan Waiver Scheme
- Farmers will get relief from loans up to 72 lakh, reducing their financial stress.
- The government will work with banks to handle the loan payments, making it easier for both farmers and banks.
- This scheme supports farmers in continuing their farming activities without worrying about loans.
- It helps improve farmers’ economic conditions by removing their debt burden.
Earlier, the previous BRS government had waived farm loans worth 730,000 crore up to 71 lakh. Now, the 2025 Telangana 2 Lakh Farm Loan Waiver Scheme aims to provide more help by increasing the waiver limit. The state government and bankers are meeting soon to finalize the details and start this important scheme.
If you want to know more about other schemes for farmers, you can also see the Telangana Rythu Bharosa Scheme and Rythu Bheema Pathakam, which provide additional support for farmers’ welfare.
Keep an eye out for updates on the Telangana 2 Lakh Farm Loan Waiver Scheme and get ready to take advantage of this government help when it starts.