T.Harish Rao, Hon’ble Minister for Finance along with Sri Somesh Kumar,IAS., Chief Secretary to Govt. held a meeting with Bankers at BRKR Bhavan

Instances have come to the notice of the government that some banks are not allowing the farmers to withdraw their Rythu Bandhu amount given by the Government of Telangana and also adjusting the same against old dues.  Honourable Chief Minister Sri K Chandrashekar Rao issued directions to hold an emergency meeting with the bankers in this regard. 

Accordingly, the Minister for Finance Shri T Harish Rao along with Chief Secretary Somesh Kumar IAS held an emergency meeting with the bankers at BRKR Bhavan today.

Bankers responded that no such instructions to withhold the Rythu Bandhu funds were issued.  Honourable Minister issued clear instructions to the bankers not to withhold any of the Rythu Bandhu amount in future.  Any amount which has been withheld/adjusted shall be credited back to the farmers account.  Strict instructions shall be issued to the bank branches by the bankers regarding the same.  District Collectors were also instructed to monitor the same at the district level.  A state level team will monitor any issues faced by farmers .

 Two toll free numbers -  18002001001 and 04033671300 to address any issues faced by farmers which will work from 8AM to 8 PM is set up.  In addition, Minister also instructed the bankers to expedite the disbursement/renewal of crop loans.

Sri Ramakrishna Rao, Principal Secretary, Finance, Sri Ronald Rose, Special Secretary, Finance, Sri Raghunandan Rao, Secretary, Agriculture, Sri  Natarajan, DGM, State Bank of India, Sri Man Mohan Gupta, GM, Bank of Baroda, Sri Sesh Kumar Adiraju, DGM SLBC, Sri Shaik Hussain, DGM, Union Bank of India, Sri S.V.J.Venu Gopal, DGM, Canara Bank, Dr.N.Muralidhar, MD, TSCAB, Ms.R.V.Sarada, AGM, Indian Overseas Bank, Sri P.Parthasaradhi, GM, APGVB, Sri Satish Kumar, GM, TGB  attended the meeting.

-Press note