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Rahul Gandhi: The Telangana Cabinet has decided to waive agricultural loans worth Rs 31,000 crore before the August 15 deadline set by Chief Minister Revanth Reddy. Rahul Gandhi's comment on the loan waiver of farmers has also come to the fore and he says that he has fulfilled his promise. Taking a big decision, the Revanth Reddy government of Telangana has decided to waive the loans of farmers before the August 15 deadline. The cabinet has agreed to waive agricultural loans worth Rs 31,000 crore. In this regard, a cabinet meeting was held under the leadership of Chief Minister Revanth Reddy, after which the CM said that the government will waive the loans of farmers before August 15. Meanwhile, former Congress President Rahul Gandhi has congratulated the farmers of Telangana on Saturday.
Rahul Gandhi tweeted, “Best wishes to the farmer families of Telangana. The Congress government has taken a historic step towards fulfilling the concept of Khedut Nyaya by waiving off all your loans up to Rs 2 lakh, which will make more than 40 lakh farmer families debt free. What is said is done, this is the policy and habit too.”
47 lakh farmers will benefit from loan waiver
He said, Congress government means guarantee that the state treasury will be spent on strengthening the deprived society including farmers and laborers, an example of which is the decision of the Telangana government. We promise that wherever there will be a Congress government, it will spend India's money on Indians. Not on capitalists.
The loan waiver decision is likely to benefit 47 lakh farmers of Telangana. The Chief Minister's outline of the loan waiver will be announced soon. During the assembly elections, the Congress had promised the people of Telangana that if their government came to power in the state, it would waive the loans of the farmers. This promise of Congress helped the party win. Telangana CM and State Congress Committee President Revanth Reddy had promised during the Lok Sabha election campaign that the loan waiver scheme would be completed before August 15.
Since when has the government waived off how much debt?
CM Reddy said that the Congress party always stands by its promises. Our leader Sonia Gandhi had promised to create a separate Telangana state and we fulfilled it. That is why Rahul Gandhi had promised loan waiver during the election manifesto for farmers in 2022 in Warangal. We are going to fulfill this promise as well. The KCR government has waived off farm loans worth Rs 28,000 crore in 10 years. They released the money in four installments in both the times, but have decided to pay in one go.
The government will repay the agricultural loan taken from 12 December 2018 to 9 December 2023. The government is considering setting up a separate corporation to raise the funds required for this scheme.
