On Monday (December 23, 2024), the Deputy Chief Minister of Telangana M. Bhatti Vikramarka. | Photo Credit: Handle @Bhatti_Mallu on X
Hyderabad
Deputy Chief Minister of Telangana M. Bhatti Wickremarka, who also holds the finance and power portfolio, urged bankers to speed up disbursement of loans for Rabi/Yasangi crops as the loans would only be useful if disbursed on time.
Speaking at the State Level Bankers Committee (SLBC) meeting held in Hyderabad on Monday (December 23, 2024), he assured the people that they would see a vibrant Telangana in the coming days as his government would take up attention-grabbing programmes. of the country He said that the government will soon invite tenders for the work of the Regional Ring Road (RRR).
Stating that the government is committed to keep as much money flowing as possible by disbursing the budget for the implementation of various programs to keep the economy running, the Deputy Chief Minister said that the same subsidy will also be given for the centrally sponsored schemes. Issued regularly.
The State Government has taken up the Musi Riverfront Development Project prestigiously along with the establishment of Skills and Sports University and development of pharmaceutical companies, Mr. Wickremarka said while explaining the major projects taken up by the Government.
81.57% of short-term loans of ₹ 54,480 crore were disbursed for Kharif season
Accusing the previous government of grossly neglecting the agriculture and welfare sectors, Mr. Vikramarka said bankers disbursed ₹ 44,438 crore (81.57%) of the target of disbursing ₹ 54,480 crore short-term (crop) loans for the Vanakalam/Kharif season. ). He asked the bankers to speed up the loan assistance for the second crop season as there is one month left to provide loans for Ravi.
Against the practice of giving high loans, the Deputy Chief Minister suggested that the bankers should pay more attention to loan disbursements as the government had disbursed 21,000 crore rupees for other repayments for crop loan waiver in two months. Micro, Small and Medium Enterprises (MSMEs) is a special sector that will help in additional employment, production and GSDP growth.
Regarding the government’s plan to develop 1,000 megawatt solar power generation capacity for women self-help groups (SHGs), he said that the government’s long-term plan is to produce 4,000 megawatts. He urged bankers to invest extensively in green energy generation projects.
Agriculture Minister Tummala Nageshwar Rao asked the bankers to prepare a loan scheme keeping in mind the interests of the farming community. He urged bankers to organize agricultural mechanization exhibition and support drones in agriculture.
published – December 23, 2024 at 05:33 PM IST