As the elections draw near in Telangana, Chief Minister KCR finds himself under increasing tension due to the unfulfilled promise of waiving farmers’ loans. After the 2018 elections, KCR pledged to waive the loans in four installments, requiring an estimated Rs. 27,835 crores.
However, to date, only Rs. 1207 crores have been waived in two installments, leaving a significant shortfall. The government has shown larger allocations on paper in previous budgets, but the released funds have fallen short of expectations, leading to concerns about the ability to fulfill the promise.
With only four months remaining before the scheduled elections, the pressure is mounting on the government to find viable solutions. KCR has resorted to selling government lands through auctions to raise funds, but doubts remain about whether this would be sufficient to cover the costs of the Kaleshwaram project and simultaneously waive farmers’ loans.
As the uncertainty persists, questions arise about the government’s ability to deliver on other promises, such as the Dalit Bandhu, BC Bandhu, and minority loan programs. The situation raises concerns among farmers and citizens alike, as false promises risk impacting the election outcome. In the coming months, KCR’s government faces a critical challenge in balancing financial constraints while attempting to fulfill long-standing assurances to the farming community and other marginalized groups.