T'gana CM Revanth Reddy grants Rs 2 lakh loan waiver to farmers, fulfilling Rahul's poll promise
Hyderabad: In a significant move aimed at providing relief to farmers in Telangana, Chief Minister A Revanth Reddy announced on Friday a loan waiver of up to Rs 2 lakh for farmers in the state. This decision follows a cabinet meeting and is a fulfillment of a promise made by Congress leader Rahul Gandhi during a rally in Warangal on May 6, 2022.
CM Revanth Reddy said that this loan waiver is part of the government's broader commitment to supporting the agricultural community. The waiver is expected to benefit a large number of farmers and comes at an estimated cost of Rs 31,000 crore to the state treasury. He further said that this measure highlights the Congress government's dedication to addressing farmers' needs, contrasting with the previous administration's waiver of Rs 28,000 crore over a decade.
"Many congratulations to the farmers of Telangana. Now your loan up to Rs 2 lakh has been waived. People's leader Rahul Gandhi ji had promised a loan waiver to the farmers in Warangal on May 6, 2022. Today, your Congress government has fulfilled this promise. We do what we say. We are Congress," stated an instagram post by Indian National Congress celebrating the announcement.
Further details, including the eligibility criteria for the loan waiver scheme, are expected to be disclosed soon. In addition, a cabinet sub-committee led by Deputy Chief Minister Mallu Bhatti Vikramarka has been formed to streamline and finalize the implementation of the farmers' investment support schemes under 'Rythu Bharosa.' This committee will engage with various political parties and stakeholders, with its findings expected to be presented by July 15.
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Man arrested with Rs 2.54-crore heroin in Mumbai
Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.
The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.
Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.
The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.
Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.
The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.
