The government of Andhra Pradesh has released the schedule of the first phase of implementation of agricultural and gold loans waiver scheme. As per the announced schedule 20 percent of the loan amount will be credited to the accounts of the eligible farmers or beneficiaries.
The amount will be credited to bank accounts by 10th of December 2014. The government is also planning to organise a big meeting to mark the launch of the programme.
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Following is the schedule released by the government for agricultural and gold loans waiver scheme:
1. Submission of list of eligible farmers to the banks on 25th November 2014.
2. The banks will publish the list on 2nd December 2014.
3. Adjustment of loan amount to banks.
4. Deposit of loan amount to the accounts of the eligible farmers.