CBN recently launched loan redemption scheme for horticultural farmers in Kadapa which will benefit 2.23 lakh farmers in the state. In a bid to offer financial help to burdened horticultural farmers, CBN took the decision to include them in the list of beneficiaries along with the regular farmers. The scheme will cost Rs. 384.47 crores to the state exchequer. 91% of beneficiaries are small farmers who hold land less than 5 acres. The list of beneficiaries comprises of 23000 SCs and STs. Horticultural farmers expressed immense joy and thanked CBN for timely intervention.