Saturday, April 26, 2025

AP seeks Rs.1,550 cr for cyclone relief

Date:

Share post:

Hyderabad: Andhra Pradesh has sought Rs.1,550 crore from the central government for relief in areas affected by cyclone Nilam.

Addressing the meeting of chief ministers and finance ministers of the five southern states in Bangalore Tuesday, Andhra Chief Minister N. Kiran Kumar Reddy called for early release of funds for cyclone relief work.

“Due to Nilam cyclone, around 20 lakh acres of standing crop has been damaged. The state has taken immediate relief measures and the loss caused by the cyclone has been assessed preliminarily at about Rs.1,550 crore,” he said.

Chief Minister Reddy thanked the central government for increasing crop loans target by Rs.1 lakh crore and called for extending interest subvention scheme to rescheduled crop loans.

He told the meeting that the state introduced interest-free crop loans up to Rs.1 lakh which will benefit one crore farmers.

Reddy requested the chairmen of banks to meet the credit requirements of the deserving sections. He urged the bank to take steps to fill up the credit gap to the minorities.

He also pointed out that banks have exceeded the targets set under the credit plan during the past three years in the state. (IANS)

Related articles

Bengal: NIA talks to widow & daughter of Pahalgam victim for over four hours

Kolkata, April 26: National Investigation Agency (NIA) officials, on Saturday, spoke to the widow and daughter of Late...

Meghalaya CM attends funeral service of Pope Francis

Shillong, April 26: Meghalaya Chief Minister, Conrad K. Sangma, attended the funeral service of His Holiness Pope Francis...

Govt issues advisory on media reporting of defence operations

New Delhi, April 26: The Ministry of Information and Broadcasting on Saturday issued an advisory directing all media...

Pakistan open for ‘neutral, transparent and credible investigation’ into Pahalgam terror attack: PM Shehbaz Sharif

Islamabad, April 26: Pakistan Prime Minister Shehbaz Sharif on Saturday expressed the country's readiness to participate in any...