Telangana Crop Loan Waiver Scheme 2023: Registration Form & Eligibility

Telangana Crop Loan Waiver Scheme 2023 :- all the information related to this will be given to you in this article. The Telangana government has come up with another scheme which will benefit all the farmers of Telangana state. This scheme is known as Telangana Crop Loan Waiver Scheme and today in this article, we will share with you all the important aspects of the Telangana Crop Loan Waiver Scheme for the year 2021.

We know that farmers in our country need to take loan from the bank. The loan is taken by the farmers for growing the crop, which is paid off after the harvest is done. But sometimes farmers face economic problem due to crop failure, due to which farmers are unable to repay the loan taken from the bank. In view of this problem, the Telangana Crop Loan Waiver Scheme has been started.

Telangana Crop Loan Waiver Scheme 2023

The Telangana government has come up with the Telangana Crop Loan Waiver Scheme to waive loans taken by farmers of Telangana state if they are unable to repay it. Through the implementation of the scheme, farmers of Telangana state will be able to lead a happy life without any financial and financial support. In his budget speech, Finance Minister T Harish Rao has announced in the Assembly on 8 March that the state government has Already, during March, a provision has been made to release Rs 1,198 crore to write off the loans of farmers up to Rs 25,000.

Telangana Ration Card List

Telangana Crop Loan Waiver Scheme

The Telangana government had launched the Crop Loan Waiver Scheme and invited online applications for farmer crop loan waiver. The state government has given administrative approval to release Rs 1,210 crore to implement the first phase of the crop loan waiver scheme to repay farmers’ loans up to Rs 25,000 including principal and interest per family.

Highlights of Crop Loan Waiver Scheme

Scheme NameTelangana Crop Loan Waiver Scheme
Launched ByTelangana Government
Year2023
BeneficiariesFarmers of Telangana
Registration ProcessOnline
CategoryTelangana Govt. Schemes

Objective of Telangana Crop Loan Waiver Scheme

The main objective of Telangana Crop Loan Waiver Yojana 2021 is to waive loans of farmers who are not in a position to pay back. With the help of this scheme, the farmers of Telangana will be freed from the economic burden and they will be able to lead a happy life. Under this scheme, loan waiver will be given to farmers up to Rs 100000. Now with the help of this scheme, farmers of Telangana state will be free from financial burden and will be able to carry out their farming activities happily.

Pardoning the loan through this Crop Loan Waiver Scheme has brought great relief to the farmers, so that the farmers can now rest assured to do farming. This is a commendable scheme launched by the Telangana government, through which farmers loans up to 1 lakh will be waived. There will be no need to worry any farmer in the state now, because now farmers will be assisted by the state government.

Benefits of Telangana Crop Loan Waiver Scheme 2023

The following benefits were provided to the people enrolled in this scheme –

  • The farmers will be given a loan waiver of up to Rs 1 lakh in five phases.
  • The state government has promised to waive crop loans of Rs 25,000 in the first phase.
  • The remaining incentives from Rs 25,000 to Rs 1 lakh will be given in the next four phases in four years.
  • For the first phase, the government has approved a budget amount of Rs 1,198 crore.
  • As per the Telangana Crop Loan Waiver Scheme 2023 for the next four phases, Rs 24,738 crore has been approved.
  • The state government had kept Rs 6,225 crore in the budget under the first installment plan.

Eligible Loans

The following loans of farmers of Telangana state will be waived: –

  • Short-term production loans
  • Crop loans against gold given by-
    • Scheduled commercial banks
    • Cooperative credit institutions including-
      • Urban cooperative banks
      • Regional rural banks

Telangana Unemployment Allowance Scheme

Not Eligible Loans

The following loans are not eligible to be forgiven under the scheme: –

  • Advances against pledge
    • Hypothecation of agriculture produce other than-
    • Standing crops
    • Tie-up loans
    • Closed crop loan accounts/written-off loans
    • Loans to joint liability groups (JLGs)
    • Rythu mithra groups (RMGs)
    • Loan eligibility cards (LECs)
  • The loans that are restructured and rescheduled.

Users of CLW portal

  • Secretaries of Agricultural and Finance Department
  • District collectors
  • District agriculture officials
  • LDMs
  • AEOs
  • Bank and branch managers

Telangana Crop Loan Waiver Scheme 2023 Eligibility Criteria

To avail this scheme, you have to fulfil the given eligibility criteria as follows-

  • Applicants who wish to apply under this scheme are required to be natives of Telangana state.
  • If the applicant is a farmer by profession, he will be considered eligible for this scheme.
  • The scheme is applicable to all crops that approved the loan amount after 1 April 2014 and was outstanding as of 11 December 2018.

Required Documents

  • Identity Proof of the Beneficiaries.
  • Loan Documents
  • Aadhaar Card
  • Bank Account details and passbook
  •  Income Certificate
  • Photo of the applicants

Apply for Telangana Crop Loan Waiver Scheme

In case you full fill the eligibility criteria given above; you can apply in online mode by following the given steps.

  • First of all, you have to click on the official website of the Crop Loan Waiver Scheme. After this, the home page of the website will open in front of you.
  • You have to click on the “Apply Now” option on the home page of the website. After this a form will open in front of you.
  • In this form, you have to attach all the necessary documents by entering the information asked like- name, address, email, mobile number, bank account details etc.
  • After entering all the required information, you have to click on submit button.
  • In this way your application under this scheme will be successful.

Login Process on Portal

  • First of all, you have to click on the official website of the Crop Loan Waiver Scheme. After this, the home page of the website will open in front of you.
  • On the home page of the website, you have to click on the “Login” option. After this, a login form will open in front of you.
  • In this form, you have to enter the asked information like- username, password, captcha code etc.
  • After entering all the required information, you have to click on the login button.
  • In this way your login process on the portal will be successful.

Application Check Process

  • First of all, you have to click on the official website of the Crop Loan Waiver Scheme. After this, the home page of the website will open in front of you.
  • On the home page of the website, you have to login by clicking on the “Login” option. After this, the next page will open in front of you.
  • On this page, you have to click on the “Application Status” option. After this a form will open in front of you.
  • In this form, you have to enter the information asked like application number etc.
  • After entering all the required information, you have to click on the application status button.
  • In this way, information related to the application state will be displayed in front of you.

Contact Information Viewing Process

  • First of all, you have to click on the official website of the Crop Loan Waiver Scheme. After this, the home page of the website will open in front of you.
  • On the home page of the website, you have to click on the “Contact Us” option. After this, the next page will open in front of you.
  • Contact related information will be displayed on this page.
  • After this, contact details of all the officers can be obtained.

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