New Sarkari Yojana List 2024 (नई सरकारी योजनाओं की सूची)

New Sarkari Yojana List 2024 (नई सरकारी योजनाओं की सूची)

प्रधानमंत्री मोदी एवं विभिन्न राज्य के मुख्यमंत्री द्वारा शुरू की गयी सभी योजनाएं, केंद्र व राज्य सरकार की योजनाएँ 2024, सरकारी योजना हिंदी और अंग्रेजी में योगी योजना वेबसाइट पर

Telangana Crop Loan Waiver Scheme 2024 Apply Online, Eligibility, Documents

Telangana government is going to launch Farm Loan Waiver Scheme 2024 for farmers soon. Under Telangana crop loan waiver scheme, the state govt. will waive off outstanding crop loans of farmers upto Rs. 2 lakh. Read this article till the end to know how to apply online for TS farmer loan waiver scheme, what is the eligibility criteria, list of documents required and other aspects regarding the scheme. 

TS Crop Loan Waiver Scheme in Telangana Budget 2024-25

On 10th February 2024, Finance Minister presented Telangana Budget 2024-25. While presenting the TS Budget, FM said "The prosperity of the village is linked to the prosperity of the farmer. This is possible only, if agriculture is profitable. Keeping the welfare of the farmer in mind, we promised in our manifesto that we would implement the loan waiver programme for farmers by waiving of their loans upto Rs. 2 lakhs. We are in the process of preparing the necessary guidelines to implement this. This is a testimony of our commitment towards the welfare of the farmer much in contrast to the previous government".

Telangana Crop Loan Waiver Scheme in Congress Manifesto

In the run-up to the Telangana Assembly elections, Congress released its manifesto in which it is said that we will waive off crop loans of 2 lakhs at once, as soon as INC assumes power. In manifesto, it is mentioned that if our govt. is formed then we will waive off the crop loans of farmers up to Rs. 2 lakhs. Also, farmers will be given interest-free crop loans of up to Rs. 3 lakhs.

Telangana Farm Loan Waiver Scheme Benefits & Features

  • Taking plight of the farmers into consideration in the state, the TS government while giving priority to agriculture sector will waive off the outstanding loans of all the farmers in the state.
  • In the current dispensation, crop loans are usually sanctioned for a period of one year and rolled over at the end of the year on payment of interest. There are hardly, fresh few loans giving cash inflow to farmers thus forcing them to purchase high cost inputs on credit at a very high interest.
  • The Government of Telangana is convinced that unless this cycle is broken with crop loan waiver, farmers will remain trapped in perpetual indebtedness. Keeping in view this imperative, the Government of Telangana is going to formulate the Crop Loan Waiver Scheme.
  • This scheme shall cover only institutional loans and will not cover loans from non-institutional sources.
  • This scheme will cover short term production loans and crop loans against gold disbursed to farmers in the Telangana State by scheduled Commercial Banks, Cooperative Credit Institutions (including Urban Cooperative Banks) and Regional Rural Banks collectively called as the "lending institutions".
  • The amount eligible for waiver will be upto Rs. 2 lakh (principal together with applicable interest) per family. The farmer family is defined as head of family, spouse and dependent children.
  • Gold Loans availed from Urban and Metropolitan Banks/Bank branches as Crop Loans shall not be eligible for waiver. 
  • However, loans availed from the Urban/Metropolitan branches, which have rural areas also as their service areas would be eligible for loan waiver.

Eligibility Criteria for Telangana Farmer Loan Waiver Scheme

The applicants applying for the scheme must fulfill the following eligibility criteria:
  • The candidate must live in Telangana permanently.
  • Only outstanding crop loans upto Rs. 2 lakh of farmers would be waived off. 
  • Application form is must to be filled to get farm loan waiver scheme benefits.

Required Documents for TS Farm Loan Waiver Scheme

Some of the important documents required for the crop loan waiver scheme in Telangana are as follows:
  • Recent Passport size photograph
  • Aadhar card of applicant
  • Residence certificate
  • Age Proof
  • Loan details
  • Income Certificate
  • Email ID
  • Mobile number
  • Bank account details
  • Land Details or other proof that applicant is either engaged in farming or farming related activities

Steps to Apply for TS Farmer Loan Waiver Scheme

There is no certain application process yet released by the government, also no website has been mentioned by the government. Although, general application process to apply for the scheme has been mentioned below.
  • First of all, visit the official website of the TS Crop Loan Waiver scheme
  • The homepage of the website will open on your screen
  • Click on the "Apply Online" link. 
  • The application form will open on your screen
  • Now, fill in the form with all the required details
  • After that, upload all the required documents
  • Finally, click on the submit button to complete the application process.

Overview of TS Farm Loan Waiver Scheme

Name of SchemeCrop Loan Waiver Scheme (CLWS)
StateTelangana
Scheme TypeFarmer Loan Waiver 
First Mention in Congress Manifesto (Abhaya Hastham)
Implementation Year2024 onward
Announced bySh. Rahul Gandhi before Telangana assembly elections
BenefitAll outstanding farm loans upto Rs. 2 lakh of farmers would be waived off
Apply Online ProcessTo Begin Soon
Launch DateStay tuned for further updates

Earlier TS Crop Loan Waiver Scheme Website - https://clw.telangana.gov.in/

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