AP Govt Waives Rs 41.61 Cr Interest on SC Loans; 11,479 Families Benefit

• Andhra Pradesh government approved interest waiver on NSFDC and NSKFDC loans for SC beneficiaries in a cabinet meeting on December 29, 2025.
• The decision waives Rs. 41.61 crore interest for 11,479 SC families, aiming to provide significant financial relief.
• Beneficiaries must repay the principal loan amount within 4 months to avail the interest waiver and become eligible for new loans.
• This move by the TDP-led NDA government seeks to strengthen the financial position of SC communities and promote self-employment.
• Concerns exist that the 4-month principal repayment condition might lead beneficiaries to borrow from other sources, potentially shifting debt.

Why It Matters: AP government waives Rs 41.61 crore interest for 11,479 SC families, conditional on principal repayment.