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Latest World News Update > Blog > National > Telangana govt will waive farm loans of up to Rs 2 lakh by August: CM Revanth Reddy – World News Network
National

Telangana govt will waive farm loans of up to Rs 2 lakh by August: CM Revanth Reddy – World News Network

By worldnewsnetwork Last updated: July 28, 2024 3 Min Read
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Nagarkurnool (Telangana) [India], July 28 (ANI): Ahead of the local body elections, Telangana Chief Minister A Revanth Reddy said that the state government would waive farm loans of up to Rs 2 lakh by August.
CM Revanth Reddy was speaking at a public meeting at Kalwakurthy, Nagarkurnool, on Sunday.
Telangana Chief Minister A Revanth Reddy said, “We have already waived farm loans up to Rs 1 lakh. Farm loans up to Rs 1.50 lakh will be waived by July 31. A total loan waiver of Rs 2 lakh will be completed by August. The agony of BRS leaders after losing power is visible. People will reject the opposition in panchayat polls. I appeal to all Congress activists to get ready for the upcoming local body elections.”
He said that funds had been sanctioned for the construction of roads and guest houses in Kalwakurthi.
“Sanctioned Rs 10 crore to improve facilities in government schools in Madgula mandal. Developed road network from all village panchayats to mandal centres in the constituency. Developed four lines of roads between Kalwakurthi and Hyderabad. We will develop Kandra School with Rs. 5 crores, where I studied, and also set up Young India Skill University in the Mucherla area on August 1. The Skill University is being developed on 50 acres with Rs. 100 crores.”
He lauded late Congress leader S. Jaipal Reddy who was an MLA from Kalwakurthi.
CM Reddy said, “I am the son of Nallamala and the brother of all of you. Senior Congress leader S. Jaipal Reddy continued in public life till his last breath, whether he was in power or in opposition. Jaipal Reddy strictly believed in his principles and pursued a political career accordingly. The national leader brought laurels to every post he stepped into. Jaipal Reddy gave priority to values in politics.”
He further said that Congress would have come to power in the 2014 assembly elections if Jaipal Reddy had been announced as the CM candidate in Telangana state.
Reddy said, “It was Jaipal Reddy who suggested the closure of doors and cut live telecast at the time of adopting a bill for separate Telangana in Lok Sabha. Expected results did not come in assembly elections after Telangana formation. Jaipal Reddy expressed unhappiness over losing the opportunity to become Chief Minister from Kalwakurthy. A 100-bed hospital will be set up in Kalwakurthi.” (ANI)

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