Telangana Dy CM Bhatti unhappy over delay in farm loan waiver by bankers

Expressing his displeasure over the delay in waiving off farm loans of the farmers, deputy chief minister Bhatti Vikramarka said that though the state government has released Rs 18,000 crore to the banks, only loans amounting to Rs 7,500 crore were waived off by the banks.

During the 42nd state-level bankers’ first quarter review



meeting held at Jyotiba Phule Praja Bhavan on Tuesday, August 20, Vikramarka urged the bankers to work with concern, and not to confine themselves merely to statistics and calculations.

Observing that micro, small and medium-scale enterprises were generating maximum employment, he urged the bankers to sanction loans heavily to those industries.