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AP Govt releases the funds for 3rd installment of crop loan waiver - NTv

Tue, Sep 05, 2017, 04:56 PM
The state government on Tuesday released Rs 3,600 crores for the third tranche amount of the third instalment under Crop Loan Waiver Scheme in Andhra Pradesh. Addressing the media, the Agriculture Minister Somireddy Chandramohan Reddy said from 10th or 12th of September month onwards the amount will be deposited in the accounts of the farmers with additional 10% interests. Somireddy said his government under the leadership of Chandrababu Naidu has been giving the first preference to the farmers only. Crop loan waiver is one of the promises of the TDP during its election campaign. However, the government came under criticism for not fulfilling its promise.
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