......After the Credit Policy, the RBI Governor had stated only in conditions where the agriculture production has dropped below 50 per cent due to adverse seasonal conditions that crop loans could be rescheduled. This has put both the Telangana and AP Governments in a piquant situation. The State Chief Secretary IYR Krishna Rao, in a communication to the Executive Director of RBI, has requested the rescheduling the crop loans and sent in a detailed analytical note on the agricultural situation during kharif 2013-14.........
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