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Naidu Announces Crop Loan Reschedule Modalities

Hyderabad: The Andhra Pradesh Chief Minister N Chandrababu Naidu has announced the loan reschedule modalities for the farm sector.

The loan reschedule process will be completed in two phases and cover loans up to Rs. 1.5 lakh.

Addressing a press conference, Naidu said the State Government was committed to the loan reschedule for 40.43 lakh accounts.

He said a call centre and grievance cell would be constituted to address farmers problems.

Naidu said this was a major election promise and that he would ensure the farm sector would again get back to profitable mode.

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