2 publishers · first seen Tue, 10 Nov 2026 11:43 UTC · updated Wed, 11 Nov 2026 00:00 UTC
Deputy Chief Minister Mallu Bhatti Vikramarka urged banks to restructure and reschedule crop loans for farmers in drought-affected areas, emphasizing the need for financial assistance to mitigate the impact of the El Nino-induced rainfall deficit. Vikramarka, addressing the State Level Bankers' Committee, highlighted the distress in agriculture and the need for banks to extend fresh credit for the Rabi season. He also called for priority lending to vulnerable farmers, alternative livelihoods, and self-employment, with a focus on small and marginal farmers, tenant farmers, and families dependent on allied agricultural activities. The government declared 365 mandals across 31 districts drought-affected, with 111 being severely affected, and urged banks to expedite the disbursal of Rs 38,268 crore in crop loans for the Yasangi season.
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