BRS Leader KTR Announces Protests for Farmers’ Loan Waiver in Telangana
Hyderabad (Telangana) [India], August 21: Bharat Rashtra Samithi (BRS) working President KTR announced that the party will hold protests in all Mandal and Constituency centres on August 22, demanding an unconditional loan waiver for all farmers in the state.
In a press release, KTR stated that while the Chief Minister claims that loans up to two lakh rupees have been waived for everyone, ministers are giving contradictory statements, saying the loan waiver process is not yet complete.
KTR added, “A large number of farmers across the state are agitating because they have not benefited from the Congress party’s loan waiver scheme.”
He highlighted Chief Minister Revanth Reddy’s statement that Rs40,000 crores would be required for the loan waiver, but noted that only Rs18,000 crores have been spent by the state government so far.
KTR reminded that before the elections, the Congress party promised to implement a loan waiver of up to two lakh rupees for all farmers. He criticized the state Congress leadership for making statements that add to the confusion instead of supporting the distressed farmers.
He claimed that ground-level information indicates that not even 40% of farmers have benefited from the loan waiver. “Due to the Congress government’s stance, lakhs of farmers are being forced to visit government offices repeatedly,” mentioned the BRS leader.
KTR demanded that the state government immediately announce a loan waiver of up to two lakh rupees for every farmer. “BRS will keep fighting on behalf of farmers until an unconditional loan waiver is provided to all,” said KTR.
The press release also stated that the state government should apologize for the many restrictions on loan waivers.
Doubts Revealed
BRS -: BRS stands for Bharat Rashtra Samithi, a political party in India, mainly active in the state of Telangana.
KTR -: KTR is short for K. T. Rama Rao, a prominent leader and the working President of the BRS party in Telangana.
Loan Waiver -: A loan waiver means that the government forgives the loan taken by farmers, so they don’t have to pay it back.
Telangana -: Telangana is a state in southern India, known for its rich culture and history.
Congress government -: The Congress government refers to the government led by the Indian National Congress party, one of the major political parties in India.
Rs18,000 crores -: Rs18,000 crores is a large amount of money, where ‘Rs’ stands for Indian Rupees, and ‘crore’ is a unit in the Indian numbering system equal to ten million.
Rs40,000 crores -: Rs40,000 crores is another large amount of money, where ‘Rs’ stands for Indian Rupees, and ‘crore’ is a unit in the Indian numbering system equal to ten million.