Vidhi Codex

The Telangana Agricultural Indebtedness (Relief) Act, 1987

The Telangana Agricultural Indebtedness (Relief) Act, 1987

Finance19875 sections

The Telangana Agricultural Indebtedness Relief Act, 1987, regulates and completely discharges outstanding loans, including accumulated interest, borrowed between December 29, 1976, and May 31, 1989. This legislation applies specifically to economically vulnerable rural populations in Telangana, namely agricultural labourers, rural artisans, and small farmers. It matters because it legally cancels these debts, halts pending court recovery proceedings, releases pledged assets, and secures the immediate release of debtors detained in civil prison. By actively freeing impoverished individuals from crushing private financial liabilities, the state government aims to provide vital, lasting economic relief and promote constitutional welfare principles of the regional population.

Start reading →Read full ActSections
  1. 1. Short title, extent and commencement.
  2. 2. Declaration.
  3. 3. Discharge of debts incurred on or after 29th December, 1976.
  4. 4. Application of the Telangana Agricultural Indebtedness (Relief) Act, 1977.
  5. 5. Power to make rules.

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