The Telangana CM has announced the second phase of the Ruthy Runa Mafi Loan waiver on 30 July 2024. The eligible farmers can check the 2nd list of loan waivers on the official website. The Telangana farmers expecting their names can check the article to learn about the 2nd list and scheme benefits.
Rythu Runa Mafi Loan Waiver
The newly formed Telangana government has launched the 2024 Rythu Runa Mafi Loan waiver for farmers struggling with loans up to ₹2 lakhs. Chief Minister, A. Revanth Reddy has officially launched the first phase of the loan waiver in Hyderabad for loans up to ₹1.5 lakhs on 18 July 2024.
As per the reports released by the Telangana government, almost 11 lakh farmers have got their loans waived off in Phase I, and the government released ₹6,098 crore loan amount. And now, the CM has launched Phase II on 30 July 2024, where loans up to ₹ 1.5 lakh will be waived off for eligible farmers.
The government has announced the loan waiver scheme loan account & amount waived as per the district in Phase I and II. According to the data released by the government, the government will waive the loan of nearly 6 lakh farmers in the second phase by releasing 6190 crores, approximately 17 lakh farmers get the benefit of the Mafi loan waiver scheme from Phase I and II.
The farmers can check the beneficiary list under the new phase to ensure their loan relief from the government.
| Scheme | Rythu Runa Mafi Loan Waiver |
| State | Telangana |
| Phases | I, II, & III |
| II Phase launched on | 30 July 2024 |
| Loan waived | Up to ₹1.5 lakh |
| Target Beneficiaries | Farmers with a short-term loan |
| Official Portal | https://clw.telangana.gov.in/ |
Steps to check the Rythu Runa Mafi Loan Waiver 2nd phase list
The farmers registered under the Crop Loan Waiver/ Rythu Runa Mafi scheme can check the beneficiary list for the second phase or upcoming final phase in the following steps:
- Browse the official Rythu Runa Mafi Loan waiver portal – https://clw.telangana.gov.in/
- Next, log into the portal through your CLW username and password.
- Now, click the Beneficiary List for Phase II.
- Next, enter your District, name, and account number on the required boxes.
- Now, click the right-hand side submit button to see the Rythu Runa Mafi loan waiver Phase II beneficiary list.
The farmers can check the final phase list in the same way, the government will waive the loan amount up to ₹2 lakh for the farmers. The government would need ₹35,000 crore to implement all the phases by the announced deadline, 15 August 2024.
Rythu Runa Mafi Loan Waiver Eligibility Criteria
According to the Rythu Runa Mafi Loan waiver scheme guidelines for 2024, the farmers who meet the following requirements will be eligible for the 2024 loan waiver scheme:
- You must be a Telangana native and your primary occupation is farming.
- You have taken short-term loans from the branches of Regional Rural banks, scheduled Commercial banks, and District Cooperative banks.
- Your loan was sanctioned or renewed on or after 12 December 2018 and crop loans outstanding as of 09 December 2003.
The government will use the ration card databases maintained by the Civil Supplies Department for identification of farmer’s families. The government has implemented a Bank Nodal officer in each bank, who will act as a coordinator between NIC (National Informatics Center) and the respective Bank’s Agriculture Department to get the data on farm loans that are eligible for the scheme.
Benefits of Rythu Runa Mafi Loan Waiver
With the second phase of the Rythu Runa Mafi Loan Waiver scheme, the beneficiary’s farmers can get the following benefits part from the loan relief:
- Grievance Cell: The government has announced the agricultural department will set up grievance cells for farmers to report their complaints. The farmers can lodge their complaints on the Mandal level or the portal, the government is committed to resolving the issues of the farmers and providing them secure livelihood.
- Agriculture sector growth: Most of the population of Telangana state relies on agriculture and with the loan waiving scheme, the government provides financial freedom to the farmers, which will eventually contribute to the state agriculture sector growth.
- Financial Relief: The farmers struggling with their debt can get some relief from this scheme and improve their financial condition as they can use most of the profit for themselves and their next crop cycle.
The Telangana government has stood on its promise and launched the second phase of the Rythu Runa Mafi Loan waiver scheme successfully on 30 July 2024. The Telangana farmers with loan amounts up to ₹2 lakh should wait for the final phase, which the government promised to launch before 15 August 2024.