Andhra Pradesh: Tenant Farmers Get Rs. 1 Lakh Loan Via PACS; Relief from Debt Trap

• Andhra Pradesh government to provide crop investment loans to tenant farmers through Primary Agricultural Cooperative Credit Societies (PACS).
• Aims to free tenant farmers from the clutches of private moneylenders and the cycle of high-interest debt.
• Eligibility requires a Crop Cultivation Rights Certificate (CCRC) for at least one acre, PACS membership, and residence within the society's jurisdiction.
• Eligible farmers can receive up to Rs. 1 lakh, repayable with interest within one year; priority given to house owners.
• Loans are for those leasing patta lands, excluding DKT or assigned lands; group loan facility also available.

Why It Matters: AP government offers Rs. 1 lakh crop loans to tenant farmers via PACS, easing debt burden.