Telangana Chief Minister A Revanth Reddy announced a farm loan waiver of up to Rs 2 lakh for farmers in the state. He noted that the previous government had only waived Rs 28,000 crore in farm loans over a decade and set a cutoff date of December 11, 2018, for eligibility under the scheme. The total cost of this new waiver is estimated at around Rs 31,000 crore to the state treasury.
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