Telangana Crop Loan Waiver Scheme: To provide benefits to all the farmers of Telangana, the Government of Telangana state has launched a new scheme known as the Crop Loan Waiver Scheme. The loans of farmers under this scheme will be waived off by the government. In this article, today, we will share with you all the important information related to the Telangana Crop Loan Waiver Scheme, such as the objective, eligibility criteria, important documents, and application procedure. Also, we will share with you all the step-by-step application procedures to apply under this scheme.
Telangana Crop Loan Waiver Scheme
The Telangana government has come up with a new scheme known as the Telangana Crop Loan Waiver Scheme to provide help to the farmers. With the help of this scheme, the launch of the farmers will waive by the government. The main objective of launching the Crop Loan Waiver Scheme is to provide a burden-free life to the farmers of the state. The farmers of the state will now be able to live their lives stress-free and without worrying about any financial hurdles.
- Now, the farmers of the state will be able to carry on their livelihood without worrying about any hurdle under the Telangana Crop Loan Waiver Scheme
- The government will also help in paying back the loan that has been taken by the farmers and will not be able to pay it back.
- All interested applicants who want to apply under this scheme will have to visit the official website.
Details Of Ts Crop Loan Waiver Scheme
The details of this scheme are as follows:-
| Name of the scheme | Telangana Crop Loan Waiver Scheme |
| Launched by | Government of Telangana |
| Beneficiaries | Farmers of the state |
| Objective | To waive the loans |
| Benefits | Farmers will be able to live their life without any stress |
| Loan amount | Rs. 1 lakhs |
| Phases of the scheme | 4 phases |
| Mode of Application | Online |
| Official Website | http://clw.telangana.gov.in/Default.aspx |
Objective Of Crop Loan Waiver Scheme Telangana
As we all know, there are many farmers who are not able to repay the loans that they took at the time of need. In order to pay them back, the Government of Telangana state has launched a new scheme known as the Telangana Crop Loan Waiver Scheme. Under this scheme, the government will waive off the loan of those farmers who have taken and are unable to pay them back. The farmers will become free of the financial burden with the help of this scheme
- They will be able to live their life happily without worrying about any financial hurdle under the Crop Loan Waiver Scheme, Telangana
- The government will become free of financial burden and be able to carry out its farming activities happily.
CM Allocate Rs. 27,500 To Waive Off The Loan
The respected Chief Minister of Telangana State has allocated an amount of Rs. 27,500 to waive off the number of loans taken by farmers. It is one of the poll promises made by the CM during the 2018 election. All the farmers who have recently applied under the Crop Loan Waiver Scheme can avail of the benefits of waiving off the amount. This issue will immediately be solved by the government in order to provide a better life to the farmers.
Statistics Of Telangana Crop Loan Waiver Scheme
The statistics of this scheme are as follows:-
| Banks | 42 |
| Branches | 3351 |
| Districts | 33 |
| Mandals | 589 |
| Clusters | 2802 |
| Villages | 12920 |
Crop Loan Waiver Scheme Implementation
The implementation process of this scheme is as follows:-
- A new online portal has been developed by the government of Telangana state for the successful implementation of this scheme.
- The farmers under the scheme will be able to register themselves easily while sitting at their homes.
- The village-wise list of farmers will be prepared by the concerned authorities of the state.
- It will be prepared in a prescribed format. After that, the report will be sent to the concerned authorities.
- A district-level bankers committee will be The Eligible list of farmers and commence the distribution of cheques.
Telangana Crop Loan Waiver Scheme Benefits
The benefits of this scheme are as follows:-
- The benefit of this scheme will be provided to the farmers of the state.
- The loan of the beneficiaries will be waived off by the government under this scheme.
- With the help of the Crop Loan Waiver Scheme, farmers will be able to live their lives without any stress.
- Also, they will be able to carry on their livelihood without worrying about any financial hurdles.
- The government will help them in paying back the loans that have been taken out by the farmers of the state.
- The burdens of the loan will be waived off by the government for the farmers.
- The farmers will be able to live their lives without worrying about any financial holder.
- The government will waive the amount of Rs. 1,00,000 for the farmers.
- They will also be able to carry on their activities happily.
- The government will waive off the loan in 5 phases under the Telangana Crop Loan Waiver Scheme.
- Also, the government has sanctioned the budget of Rs. 24,738 for the successful implementation of this scheme.
Telangana Crop Loan Waiver Scheme Features
The features of this scheme are as follows:-
- A new scheme has been launched by the government of Telangana for the farmers of the state.
- The name of this scheme is the Telangana Crop Loan Waiver Scheme
- The government will waive the loan amount of the farmers who are unable to pay back.
- The farmers of the state will be able to live their lives happily and without any financial burden.
- They will be able to carry on their livelihood without worrying about any financial hurdles.
- The farmers of the state will become free of the financial burden and will be able to carry on their activities.
- The government has launched a scheme in five phases.
- The loan amount of Rs. 1 lakh will be waived off by the government.
- The government has allocated a budget of Rs. 6,225 crores for the successful implementation of the Crop Loan Waiver Scheme
- All the interested applicants who want to apply under the scheme will have to visit the official website of this scheme.
Eligible Loans Under Crop Loan Waiver Scheme
The following loans will be waived off for the farmers:-
- Short-term production loans
- Crop loans against gold given by Scheduled commercial banks and Cooperative credit institutions, including Urban cooperative banks and Regional rural banks
Telangana Crop Loan Waiver Scheme Not Eligible Loans
The following loans are not eligible to be waived off under this scheme:-
- Advances against the pledge
- Hypothecation of agricultural 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
Telangana Crop Loan Waiver Scheme Eligibility Criteria
The eligibility criteria under this scheme are as follows:-
- The candidate must be a permanent resident of Telangana state
- An applicant must be a farmer by profession
- This scheme is for the crops that sanctioned the loan amount after 1st April 2014 and outstanding till 11 December 2018
Users of CLW portal
The users of CLW portal of this scheme are as follows:-
- Secretaries of the Agricultural and Finance Department
- District collectors
- District agriculture officials
- LDMs
- AEOs
- Bank and branch managers
Process To Apply Online For Telangana Crop Loan Waiver Scheme
All the applicants who want to apply under this will have to follow the given procedure:-
- First, visit the Official Website of the crop loan waiver scheme.
- The home page will open in front of you.
- On the homepage, click on the Apply Now option
- The application form will appear in front of 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 the crop loan waiver scheme
Process To Do Login
People who want to log login, will have to follow the procedure given below:-
- Go to the Official Website of the crop loan waiver scheme
- The home page will appear in front of 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 the captcha code
- After that, you have to click on the login
- By following this procedure, you can log in to the portal.
View Application Status Of Crop Loan Waiver Scheme
People who want to view application status will have to follow the procedure given below:-
- Visit the Official Website of the crop loan waiver scheme
- The home page will open before you
- On the home page, you have to log in to 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
Process To View Contact Information
In order to view contact information, follow the procedure given below:-
- 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 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