Jagananna Thodu to be given twice a year: CM Jagan
Deccan ChronicleVIJAYAWADA: Chief Minister Y.S. Jagan Mohan Reddy on Wednesday said henceforth, Jagananna Thodu – interest-reimbursement scheme on loans taken – will be extended twice a year, in June and December. He was speaking after depositing ₹ 16.36 crore into accounts of 4,50,546 beneficiaries under Jagananna Thodu scheme at a programme held in CM’s camp office at Tadepalli. With regard to five per cent non-performing assets and 11 per cent loans being overdue, the CM directed officials to create awareness among beneficiaries taking loans, clearly explaining the need for timely repayment. The Chief Minister pointed out that so far, total of 9,05,458 beneficiaries have availed interest-free loans worth ₹ 905 crores during two spells of Jagananna Thodu.