The Telangana government on Tuesday Dec 27,2016 announced waiver of outstanding
loan of Rs. 3,920 crore to beneficiaries of the housing schemes for
economically weaker sections over the years.
“The outstanding amount is hanging like a sword on the heads of the poor families who got houses under the weaker sections housing scheme from 1982 to 2016. The Finance Department will soon hold a meeting with the State Level Bankers’ Committee (SLBC) where the formalities and modalities will be discussed to transfer the burden to the State government,” Chief Minister K. Chandrasekhar Rao stated in the Assembly.
The Chief Minister announced the waiver during his reply to the short discussion on “Weaker Section Housing including Rajiv Swagruha, Rajiv Gruhakalpa and Double-Bedroom Houses”. The documents of such houses (pattas) mortgaged with the government would be returned to the beneficiaries once the formalities are completed. In response to the request of some members, Mr. Chandrasekhar Rao also announced waiver of the outstanding loan of the Rajiv Gruha Kalpa beneficiaries. However, the amount was not specified.
Not
only that, but the government would also cover the poor, who were
sanctioned house with clay tiles roof in the past, under the
double-bedroom housing scheme since most of such houses were reaching
dilapidated stage now, the Chief Minister said responding to some
members’ suggestions
“The outstanding amount is hanging like a sword on the heads of the poor families who got houses under the weaker sections housing scheme from 1982 to 2016. The Finance Department will soon hold a meeting with the State Level Bankers’ Committee (SLBC) where the formalities and modalities will be discussed to transfer the burden to the State government,” Chief Minister K. Chandrasekhar Rao stated in the Assembly.
The Chief Minister announced the waiver during his reply to the short discussion on “Weaker Section Housing including Rajiv Swagruha, Rajiv Gruhakalpa and Double-Bedroom Houses”. The documents of such houses (pattas) mortgaged with the government would be returned to the beneficiaries once the formalities are completed. In response to the request of some members, Mr. Chandrasekhar Rao also announced waiver of the outstanding loan of the Rajiv Gruha Kalpa beneficiaries. However, the amount was not specified.
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