kcr-loan

Telangana Chief Minister’s Loan Waiver for Farmers has come under severe criticism. The first government in Telangana state had attached few strings to the electoral promise to ease the burden on the state exchequer. According to the rules, Only loans up to (one Lakh) taken for 2013-14 are eligible and also loans taken on Gold ornaments and produces hoarded in Godowns do not come under loan waiver.

Opposition parties are coming hard at Telangana Rashtra Samiti government for not adhering to the promises made to the people and trying to escape with meaningless conditions. Even TRS leaders are in defense regarding this decision of the government. It is said that leaders are approaching to reconsider the decision as it is capable of ruining faith of people on the government. Also it may work against TRS prospects in Medak Parliament bielection.