Telangana CM Revanth Reddy Announces Farm Loan Waiver and New Developments in Kalwakurthy
Telangana Chief Minister A Revanth Reddy announced that the state government would waive farm loans of up to Rs 2 lakh by August. Speaking at a public meeting in Kalwakurthy, Nagarkurnool, he said, “We have already waived farm loans up to Rs 1 lakh. Farm loans up to Rs 1.50 lakh will be waived by July 31. A total loan waiver of Rs 2 lakh will be completed by August.”
He also mentioned that funds had been sanctioned for various development projects, including the construction of roads and guest houses in Kalwakurthy. “Sanctioned Rs 10 crore to improve facilities in government schools in Madgula mandal. Developed road network from all village panchayats to mandal centres in the constituency. Developed four lines of roads between Kalwakurthy and Hyderabad. We will develop Kandra School with Rs. 5 crores, where I studied, and also set up Young India Skill University in the Mucherla area on August 1. The Skill University is being developed on 50 acres with Rs. 100 crores,” he said.
Reddy praised late Congress leader S. Jaipal Reddy, who was an MLA from Kalwakurthy, saying, “Senior Congress leader S. Jaipal Reddy continued in public life till his last breath, whether he was in power or in opposition. Jaipal Reddy strictly believed in his principles and pursued a political career accordingly. The national leader brought laurels to every post he stepped into. Jaipal Reddy gave priority to values in politics.”
He further mentioned that Congress would have come to power in the 2014 assembly elections if Jaipal Reddy had been announced as the CM candidate in Telangana state. Reddy also announced plans for a 100-bed hospital in Kalwakurthy.
Doubts Revealed
Telangana -: Telangana is a state in southern India. It was formed in 2014 when it separated from Andhra Pradesh.
CM -: CM stands for Chief Minister, who is the head of the government in an Indian state.
Revanth Reddy -: Revanth Reddy is a politician and the current Chief Minister of Telangana.
Farm Loan Waiver -: A farm loan waiver means that the government will forgive the loans taken by farmers, so they don’t have to pay them back.
Rs 2 lakh -: Rs 2 lakh means 200,000 rupees, which is a unit of Indian currency.
Kalwakurthy -: Kalwakurthy is a town in the state of Telangana, India.
Skill University -: A Skill University is a type of educational institution focused on teaching practical skills for various jobs.
S. Jaipal Reddy -: S. Jaipal Reddy was a respected leader in the Indian National Congress party and served in various government positions.
100-bed hospital -: A 100-bed hospital is a medical facility that has 100 beds for patients to stay in while they receive treatment.
