The government of Telangana is committed to keep its pre-poll promise on farm loan waiver irrespective of the Reserve Bank of India’s opposition to the scheme, Minister for IT and Panchayat Raj K.T. Rama Rao stated here on Tuesday.
Speaking at a financial sector conclave here, he said the government was still continuing its talks with the RBI and State Level Bankers Committee (SLBC) to find out ways and means to implement the scheme in one form or the other. Stating that their government was committed to implement the welfare agenda for the poorest of the poor, the Minister noted that the loan waiver would amount to uplift of farmers, a majority of whom were poor.
“We are going to stand by the farmers in need and working out modalities for extending them succour, ” the Minister said.
