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Give Fresh Loans First, Mr KCR

Pressure is mounting on the Telangana government led by K Chandrasekhara Rao go give fresh loans to farmers, instead of wasting time on writing letters to the Reserve Bank of India on farm loan waiver.

Demanding that the Telangana government offer fresh crop loans to farmers for Kharif, Congress Legislature Party deputy leader T Jeevan Reddy on Wednesday accused the TRS Government of failing to keep its much-hyped promise of crop loan waiver.

He alleged that the TRS government was not keen on convincing the RBI Governor with regard to crop loan waiver.

“It is the responsibility of the Govt to offer fresh loans, supply seven-hour power and protect the standing crops besides convincing the RBI,” he said.

Expressing concern that the farmers may fall a prey to private money lenders if they fail to get financial assistance on time, Jeevan Reddy said the government should take immediate action to fetch fresh loans which are ought to reach the farmers in June itself, he said, adding that this was not the case with the previous governments. 

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