CM Revanth Reddy Says To waive Farm Loans of Up To Rs 2 Lakh By August

Telangana Chief Minister A A Revanth Reddy asserted that the state government would waive off the farm loans of up to Rs 2 lakh by August. The announcement comes ahead of the local body elections in the state.

Speaking at a public meeting at Kalwakurthy, Nagarkurnool on Sunday, he 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.”

He also took a swipe at the BRS saying that their agony after losing power was visible. “People will reject the opposition in panchayat polls. I appeal to all Congress activists to get ready for the upcoming local body elections”, Reddy added. 

Revanth Reddy said that the funds were sanctioned for the construction of guest houses and roads in Kalwakurthy. “Sanctioned Rs 10 crore to improve facilities in government schools in Madgula mandal. Developed a road network from all village panchayats to mandal centres in the constituency”, he added.

He also recalled that four lines of roads between Kalwakurthi and Hyderabad will be developed. “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”, Reddy said. 

Meanwhile, praising late Congress leader and former union minister S. Jaipal Reddy, an ex-MLA from Kalwakurthi, Revanth  Reddy said, Senior Congress leader S. Jaipal Reddy continued in public life till his last breath, whether he was in power or in opposition.

He said that 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 added.

Furthermore, he added that the grand old party would have formed the government after the 2014 assembly elections if Jaipal Reddy had been announced as the CM candidate in Telangana.

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