Telangana chief minister K Chandrasekhar Rao

HYDERABAD: With an eye to advancing assembly polls,is likely to announce major sops of up to Rs 60,000 crore on Sunday.As part of the move, the CM is all set to announce loan waiver up to Rs 2 lakh to each farmer, monthly stipend to unemployed youths, interim relief to government employees and enhancement of monthly pension to various categories, among other schemes.The Telangana cabinet, which will meet at 1pm on Sunday, is expected to discuss the decisions and KCR is likely to announce them during TRS ’s public meeting “Pragati Nivedana Sabha”. Sources said KCR might dissolve the assembly either on September 6 or 8.According to estimates, all the sops put together would cost the state exchequer about Rs 60,000 crore. In the last assembly polls, the TRS had promised loan waiver of Rs 1 lakh to farmers. Believing that the loan waiver promise helped the party come to power in 2014, TRS has doubled the amount to Rs 2 lakh this time. Going by the estimates, the loan waiver amount comes to about Rs 35,000 crore.The other expected sop is enhancement of monthly stipend of 10 lakh unemployed youths from Rs 2,000 to Rs 2,500. The government may also enhance pension amount to Rs 2,000 from the present Rs 1,500.