Telangana Crop Loan Waiver Scheme : The Telangana Crop Loan Waiver Scheme is a great help for all farmers in Telangana state. This scheme will support farmers who are worried about their loans. In this article, we will share all the important things about the Telangana crop loan waiver scheme for 2024.
If you are a farmer in Telangana, it’s super important to understand this scheme. We will explain everything you need to know about the Telangana Crop Loan Waiver Scheme.
Telangana Crop Loan 2nd Phase Start
Good news for farmers! The Telangana crop loan waiver scheme is helping many farmers in Telangana state. After helping more than 11 lakh farmers, the Telangana government is starting the second phase of this scheme. The second phase will begin on July 30, 2024.
In this new phase, the Telangana state government will waive INR 1.5 lakh of loans for farmers. This means farmers won’t have to pay back this amount, which is a huge relief for them. The government thinks they can finish waiving all the outstanding loans by August 15, 2024.
This scheme is really amazing! It is one of the best things that the Telangana government has done for farmers. By helping to remove debts, the scheme will make the financial situation of all the farmers in Telangana better.
Farmers can look forward to a brighter future thanks to the Telangana crop loan waiver scheme. This support will help them grow and manage their farms with less stress.
Telangana Crop Loan Waiver Scheme Objective
The Telangana crop loan waiver scheme is all about helping farmers who can’t pay back their loans. This scheme will help farmers in Telangana become free from their financial problems and live happily.
Through this scheme, farmers can get a loan waiver of up to Rs 100,000. This means that they won’t have to worry about their old debts anymore.
Thanks to the Telangana crop loan waiver scheme, farmers can focus on their farming without being stressed about money. They can grow their crops and enjoy their work without any financial burden on their shoulders.
Telangana Crop Loan Waiver Scheme Overview
| Name | Telangana Crop Loan Waiver Scheme |
| Launched by | Telangana Government |
| Beneficiaries | Farmers of Telangana |
| Objective | Providing Loan Waiver |
| Official Website | clw.telangana.gov.in |
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 the 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.
-
- Only short-term loans will be forgiven by the government.
Live: Hon’ble CM Sri.A.Revanth Reddy Participates in the Completion of Loan Waiver and Address the Public https://t.co/RpmZnGWEa6— Revanth Reddy (@revanth_anumula) August 15, 2024
Required Documents
- Passport Size Photo
- Aadhar Card
- Identity Card
- Residence Certificate
- PAN Card
- Age Certificate
- Loan Certificate
- Bank Passbook
- Loan Account Passbook
- Mobile Number
- Email ID
Users of CLW portal
- Secretaries of Agricultural and Finance Department
- District collectors
- District agriculture officials
- LDMs
- AEOs
- Bank and branch managers
Telangana Crop Loan Waiver Scheme at
clw.telangana.gov.in
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
Telangana Crop Loan Waiver Status Check Offline
- Those who want to know the Crop Loan Waiver Status should visit the Bank that they have taken the loan from.
- Then they should visit a bank employee and get their Passbook entry done.
- Through this process, they will get to know if their account has received the Waiver amount or not.
Detail Mentioned Under Status Dashboard
- Name of the applicant
- Bank account details
- Personal details of the applicant
- Bank name
- Status
- Pending at
FAQS
Who launched this crop Loan waiver off scheme in Telangana?
The Congress government will cancel farmers’ crop loans up to Rs 2 lakh in a single transaction, according to Chief Minister A Revanth Reddy on Friday
How much amount will be given?
The waiver would be restricted to Rs. 2 lakhs for each farmer’s family, per the General Order
How can we check the status of our waiver?
The farmers of Telangana can do the Telangana Crop Loan Waiver Status Check online by visiting the official website