Discover how Telangana’s Crop Loan Waiver scheme is transforming the lives of farmers with financial relief. Find out if your name is on the beneficiary list and learn about the scheme’s latest updates.
Telangana Crop Loan Waiver 2024: Overview
The Telangana state government has released the Crop Loan Waiver Telangana List 2024, also known as the Rythu Runa Mafi List. This initiative provides a much-needed financial reprieve for farmers with outstanding loans. Applicants can now access the official portal to check their status online, saving time and effort for both farmers and government officials.
Fourth Installment of the Scheme Announced
Telangana Chief Minister A. Revanth Reddy announced the fourth installment of the Crop Loan Waiver scheme on November 30, 2024. This phase will benefit approximately 3.1 lakh farmers across the state, with a budget allocation of INR 2,724 crore. Outstanding loans up to INR 2 lakh will be waived, marking a significant boost to Telangana’s agricultural sector.
Phases of the Crop Loan Waiver Scheme
The scheme is being implemented in multiple phases to ensure efficient management and disbursement of benefits:
| Phase | Date |
|---|---|
| Installment 1 | July 18, 2024 |
| Installment 2 | July 30, 2024 |
| Installment 3 | August 15, 2024 |
In total, the government plans to allocate INR 40,000 crore for loan waivers, benefiting thousands of farmers statewide.
Eligibility and Guidelines for the Scheme
To qualify for the Crop Loan Waiver Scheme, farmers must meet the following criteria:
- Permanent Resident: The applicant must reside in Telangana.
- Loan Eligibility: Loans taken after December 12, 2018, and outstanding as of December 9, 2023, are eligible.
- Loan Cap: Loans up to INR 2 lakh will be waived.
- Supporting Documents: Applicants must provide a ration card or food security card.
How to Check the Beneficiary List Online
- Visit the official website of the Crop Loan Waiver scheme.
- On the homepage, click on the “Beneficiary List” option.
- Enter your details, such as name and loan account number, as prompted.
- Review the entered information and submit it to view your status.
Key Benefits of the Crop Loan Waiver Telangana Scheme
- Financial Relief: Waives loans up to INR 2 lakh per farmer.
- Improved Standards of Living: Enhances the social and financial stability of farmers.
- Time-Saving: Farmers can check their eligibility and status online, eliminating the need for physical visits.
Required Documents for Application
- Aadhaar Card
- Mobile Number
- Address Proof (e.g., Ration Card, Electricity Bill)
- PAN Card
Objectives of the Scheme
The primary aim of the Crop Loan Waiver Telangana 2024 is to reduce the financial burden on farmers and improve their quality of life. By addressing outstanding loans, the government hopes to bolster the agricultural sector and ensure sustainable growth.
Frequently Asked Questions
Which state launched the Crop Loan Waiver scheme?
Telangana state initiated the scheme to benefit its farmers.
Who is eligible for the Crop Loan Waiver?
Farmers residing in Telangana with loans up to INR 2 lakh taken after December 12, 2018, are eligible.
What is the objective of the scheme?
The scheme aims to provide financial assistance to economically weaker farmers and promote agricultural development in Telangana.
Farmers can now secure their future with the support of this transformative scheme. Visit the official portal to confirm your status today!
