KCR Waives Rs 1 Lakh Crop Loan

Fri Feb 22 2019 18:25:06 GMT+0530 (IST)

Telangana CM K Chandrasekhar Rao on Friday presented vote-on-account budget in the state assembly.

KCR brought smile on the faces of Telangana Farmers by waiving of all crop loans up to Rs 1 lakh obtained by them before December 11th, 2018. Rs 6,000 crore has been allotted for the implementation of this poll promise in the current budget.

TRS Government allocated Rs 20,107 crore for Agriculture Sector.

Rythu Bandhu Scheme amount has been increased from Rs 4000 to Rs 5000 per acre per season as per the poll promise. Rs 12,000 crore was allocated to implement it.

Rs 283 crore were allotted for Rythu Bheema meant for Rs 5 lakh insurance provided for families of deceased farmers.

Fiscal Deficit - Rs 27,749 crore (2.81 percent of GSDP)

2,72,763 Double Bedroom Houses are at different stages of construction.

19,750 Households were provided Taps under Mission Bhagiratha. 100 percent works will be wrapped up by April 2019.

Rs 22,500 crore allocated for Irrigation Projects.

Rs 16,581 crore for SC Welfare

Rs 9,825 crore for ST Welfare

Rs 2,400 crore for Minority Welfare

Rs 1,810 crore for Unemployment Allowance

Rs 1,450 crore for Kalyana Lakshmi

Pension under Asara Scheme increased from Rs 1,000 to Rs 2,016.