Bandi demanded KCR to answer the people of Telangana why he has failed to fulfill the promises he has made in 2014 and 2018 election manifestos, and other assurances given to the people.
A state cabinet meeting chaired by CM Shivraj Singh Chouhan decided to extend the last date for repaying the Kharif crop loan for farmers from March 31 to April 15.
Rama Rao said the state government had spent Rs 2.7 lakh crore on agriculture and allied sectors in the last seven years.
The bank will also provide a facility to pay with easy monthly installments.
The bankers are insisting that farmers buy personal life insurance cover in return for sanctioning of crop loans.
Farmers will get SMSes in the name of Chief Minister K Chandrasekhar Rao once the crop loan is waived.
There is no remunerative price in Kurnool Market Yard and no takers for their produce.
In order to generate revenue for the massive loan waiver, the State has decided to increase excise duty on both fuel and alcohol, apart from the raise in road tax.
Policies like farm loan waivers are impacting asset quality of the agricultural sector and is also expected to affect state finances adversely, says a report.