Telangana set to unveil new policy soon

Telangana set to unveil new policy soon
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Highlights

Chief Minister K Chandrashekar Rao on Monday announced a new policy on the sale and purchase of agriculture lands that would be introduced in the State.

Hyderabad: Chief Minister K Chandrashekar Rao on Monday announced a new policy on the sale and purchase of agriculture lands that would be introduced in the State.

The Chief Minister conducted a meeting with the State level bankers and officials from the Agriculture Department here at Pragathi Bhavan. He said the existing guidelines were creating many hurdles in the transfer of ownership of lands.

He wanted a new policy that would ensure efficiency and where no one needs to run from pillar to post for work to be done.

The State-wide land purification programme would be completed by December 31 and new passbooks will be issued from January 1, K Chandrashekar Rao said. He wanted the sanction of loans and other banking transactions, services to be done based on the new records in farmer-friendly atmosphere.

Since, the farm loan waiver had taken place all over the States, the Chief Minister said the banks should give letters to farmers stating that their loans have been cleared.

He asked the bankers to inform the farmers in detail while sanctioning loans, renewing the loans. The Chief Minister also discussed the effects of demonetisation and the Goods and Services Tax (GST).

State Agriculture Minister Pocharam Srinivas Reddy and officials were present in the meeting.

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