Telangana Runa Mafi Guidelines 2024: Latest Guidelines for 2 Lakh Farm Loan Waiver

The Telangana government has been making significant efforts to mobilize resources and introduce various schemes to benefit the state’s farmers. In a major move, the government has announced the guidelines for the much-awaited farm loan waiver. The National Informatics Centre (NIC) will act as the IT partner, while the Agriculture Commissioner will oversee the execution of the farm debt waiver program. On Monday, the Congress-led Telangana government officially rolled out the comprehensive guidelines for implementing this crucial initiative. For more details on the Telangana Runa Mafi Guidelines, read the article below.

About Telangana Runa Mafi Guidelines PDF 2024

The Telangana Runa Mafi Guidelines for 2024 outline that farmers who have taken agricultural loans between December 12, 2018, and December 9, 2023, are eligible for a loan waiver of up to a maximum of Rs 2 lakh. This loan waiver is part of the promises made by the Congress during the previous year's assembly elections, with the waiver being one of the key assurances. Due to delays caused by the Lok Sabha elections, the Telangana government is committed to ensuring the implementation of the farm loan waiver by August. This will provide significant relief to farmers in the state.

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Objective of Telangana Runa Mafi Guidelines

According to preliminary official data, nearly 47 lakh farmers in Telangana have taken farm loans, with the majority having loans under Rs 1 lakh. To waive these loans, the government requires at least Rs 35,000 crore by August 15, 2024. Despite this significant financial requirement, the government is committed to providing immediate relief to farmers by waiving crop loans. This initiative aims to reduce the debt burden on farmers, enabling them to reinvest their profits in economic activities and foster growth. The process of loan waiver has already commenced, with a commitment to complete the forgiveness of crop loans by the August 15 deadline.

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Telangana Runa Mafi Guidelines Details (As Per July 2024)

Following are the guidelines issued by the government related to the Telangana Runa Mafi Guidelines

• The guidelines outlined in GO No 567 state that a family is only eligible for one forgiven debt. Families that owe more than Rs 2 lakh in outstanding loans must pay the difference to be eligible for the waiver benefit.
• The National Informatics Centre (NIC) would serve as the IT partner, while the Agriculture Commissioner would be in charge of carrying out the farm debt waiver.
• The government will soon introduce an exclusive site with all the information, including each farmer’s loan account, data validation, eligibility, and more, to conduct the farm loan waiver programme.
• In addition to the special webpage, the agriculture department would establish grievance cells to handle farmer concerns. Either through the site or at the mandal level within the centres, they can file complaints. Also, each bank would designate a nodal officer to facilitate communication between the NIC and the agriculture department.
• To address farmers’ questions on loan waivers, a dedicated department will be established. The agriculture department has been given a 30-day deadline by the government to address the issues facing farmers.
• Each bank appoints one officer to serve as the Bank Nodal Officer (BS) for the scheme’s execution. Between SIC and the managers of the banks’ agriculture departments, the nodal officer of the bank serves as a coordinator. The agricultural loan data of each bank will need to be digitally signed by Bank Nodal Officers.
• Each and every farmer who also owns agricultural land is eligible for loan waiver.
• For farmers who took out loans after December 12, 2018, two lakh loans will be waived.
• A valid ration card is required to waive a debt.
• For loans larger than Rs. 2 lakh, banks must make payments.
• Loans renewed after December 9, 2023, are not eligible for the programme.
• The state government will take a look at the PM Kisan List.
• Preference for loans made in women’s names.
• Initially, the loans made to women were cancelled.
• National Informatics Centre will serve as the scheme’s IT implementation partner.
• To administer debt waiver, each bank would have a single nodal officer.
• District Cooperative Central Banks and Regional Rural Banks are implementing the scheme.
• Farmers will be required to repay the government the full amount of the loan they received if it is discovered that they provided false information to be eligible for crop loan waivers under this system, obtained crop loans fraudulently, or both. The statute permits the Director of Agriculture to recoup the money.
• The recipients’ bank accounts will receive a direct deposit of the crop loan waiver amount. The loan waiver funds will be disbursed in ascending order, (lower value to higher value).

Eligibility Criteria for Loan Waiver

The Agriculture Department has outlined the following eligibility criteria for availing of the Loan Waiver Scheme:

• Loan Amount Limit: The loan waiver is applicable only for outstanding loan amounts up to ₹2 lakh.
• Loan Period: Only agricultural loans availed between December 12, 2018, and December 13, 2023, are eligible for forgiveness.
• Identification Requirement: A valid ration card is used to identify and verify the beneficiary farmers and their families.
• Direct Benefit Transfer: The loan waiver amount will be directly deposited into the beneficiary's loan account, ensuring a seamless disbursement process.

This framework ensures that the benefits reach the intended beneficiaries while maintaining transparency and accountability.

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Telangana Runa Mafi Guidelines PDF Download

The Telangana government has provided an option to download the official Runa Mafi (Loan Waiver) Guidelines in PDF format. This document contains all the necessary details about eligibility criteria, application processes, and implementation mechanisms. Follow the steps below to download the PDF:

• Visit the Official Website: Go to the official portal of the Agriculture Department, Telangana or the dedicated Runa Mafi Scheme webpage.
• Search for the Guidelines Section: Navigate to the section labeled “Runa Mafi Guidelines” or similar.
• Download the PDF: Locate the “Download PDF” button or link associated with the guidelines and click on it.
• Save the File: Save the downloaded file on your device for offline reference.

Exception

The loan waiver of Rs. 2 lakh shall not be applicable for rescheduled loans. There will be a waiver of loans obtained from PACS, regional rural banks, and commercial banks. Not available for loans from SHG, JLG, RMG, or LECS.

Summary of Telangana Loan Waiver Guidelines 2025

The Telangana Loan Waiver Guidelines 2025 offer up to ₹2 lakh loan forgiveness for agricultural loans taken between December 12, 2018, and December 9, 2023. Beneficiaries need a valid ration card, and the waiver excludes rescheduled loans. The scheme, implemented with NIC and bank nodal officers, ensures transparency via direct benefit transfer to farmers' loan accounts.