Loan waiver.. scam

[Undilaemanchikalam]

Farm Loan Fraud chronicles of Telangana Govt

✳️ Congress promised 9th December, 2023 as the date for waiving off all Farm loans up to ₹ 2 Lakhs 

❌ The goal post is then shifted to August 15th, 2024 without offering any explanation 

✳️ State Level Banker’s Committee meeting in Dec, 2023 says total amount required is ₹ 49,000 Crores for about 47 lakh accounts 

✳️ CM Revanth Reddy in January, 2024 states that total of only ₹ 40,000 Crores will be waived

❌ ₹ 9,000 Crore trimmed arbitrarily 

✳️ Telangana cabinet meets in June, 2024 and sanctions only ₹31,000 Crores for loan waiver

❌ Another ₹ 9,000 Crore shaved off

✳️ State Budget is presented in July, 2024 with ₹ 26,000 Crores for loan waiver

❌ Another ₹ 5,000 Crores magically disappears

✳️ On 15th August the CM fraudulently claims loan waiver is completed after announcing that ₹17,934 Crores have been paid (even that’s incomplete)

❌ Another ₹ 8,000 Crores disappears !

If this is not Fraud, I don’t know what is! Please do explain

[2024]

Congress following Langa footsteps