Shri A. Revanth Reddy
Chief Minister of Telangana
“Telangana became a role model by launching the farm loan waiver scheme up to Rs. 2 lakh for the first time in any state. Rythu Runa Mafi is our promise in action.”
Taking a remarkable step towards safeguarding the livelihoods of farmers and breaking the vicious cycle of agricultural debt, the Telangana government, under the pioneering leadership of Chief Minister Shri A. Revanth Reddy, launched the Rythu Runa Mafi (Crop Loan Waiver) scheme under the Rythu Bharosa umbrella.
Announced via G.O. Rt.No.567 dated July 15, 2024, the initiative aims to waive all kinds of crop loans up to Rs. 2 lakh, including principal and interest.
Tailored for financially vulnerable farmers, the scheme would benefit eligible beneficiaries who are
Led by the Chief Minister Shri A. Revanth Reddy, the Telangana government issued detailed guidelines for implementation of crop loan waiver, as follows
The waiver covers both short-term production loans and gold-backed crop loans from commercial, cooperative, and regional rural banks.
This landmark initiative is aimed at providing immediate financial relief to debt-stressed farmers in multiple ways:
Strong grievance redressal efforts addressing returned accounts and discrepancies to ensure loan waiver up to Rs 2 lakh per farmer, and partial interest support for larger amounts.
As of July 2024, payments worth Rs. 6,763 crore and Rs. 4,818 crore in subsequent phases expanded support to 18 lakh accounts. By December 2024, the cumulative waiver touched Rs. 21,000 crore, delivering relief to over 25 lakh farmers. The government has earmarked Rs. 35,000 crore for the full rollout.
Alongside monetary relief, grievance redressal cells at the mandal level ensure timely resolution of disputes and pending claims.