The benefit would be available to farmers who voluntarily relinquished their lands under the land pooling scheme for construction of the new capital of Andhra Pradesh, he told reporters at Tulluru village.
He said that the total amount of loan to be waived is estimated to be Rs 230 crore, out of which Rs 63 crore have already paid into bank accounts of a few farmers, while the rest of the farmers would get it by next Monday.