Rs.5000 crore for Crop Loan waiver in the State Budget
August 16, 2014 - Hyderabad
Chief Minister Nara Chandrababu Naidu on Saturday approved Rs.1 lakh crore State Budget for 2014-15.
The Finance Minister Yanamala Ramakrishnudu who prepared the State Budget in which Rs.5,000 crore has been allocated for implementation of crop loan waiver.
The State Budget will be presented on August 20. The Chief Minister suggested minor changes in accordance with the poll promises made by the party in the general elections. It is understood that the Chief Minister has suggested to enhanced Rs.5,000 crore instead of Rs.1,000 crore that the officials made allocation for the loan waiver in the State.
The State Government has decided to hold the budget session from August 18 while the Finacne4 Minister will present the budget on August 20 while Agricultural Minister P Pulla Rao will present farm budget on August 22.