Farmers will get NOC by Oct 15: Minister Bandeppa Kashempur
Bengaluru, September 24: Cooperative Minister Bandeppa Kashempur said that the government has waived off the farm loans availed from the cooperative banks and by October 15, all the farmers would be given No Objection Certificate (NOC).
Speaking to reporters at Vidhana Soudha here on Monday, the Minister said that more than 22 lakh farmers would get the benefit of the loan waiver and within one and half years, the state government has waived of Rs 17,000 crore loan which is first of its kind in the country.
Loans of farmers who deposited amount will also be waived
Irrespective of the deposits the farmers have in the cooperative banks, the government has decided to waive off their loans for which a new circular was issued. By October 5, the department would receive the receipts of the borrowers from the cooperative banks and by October 15 or by Dasara festival, the government would release the farmers loan amount to the banks. In the first phase, it was decided to waive off Rs 9,448 crore current loan. Later, the government has taken a decision to waive off the loans up to Rs 2 lakh availed from nationalized banks, he said.
The erstwhile Siddaramaiah government had waived of Rs 8,165 crore loans availed from cooperative societies and out of which, the coalition government has repaid Rs 2,500 crore. Apart from it, Rs 1,495 crore was also repaid recently and by 2019 July, all the loan amount would be cleared, he added.
New loan for 15 lakh farmers
Total 22 lakh farmers were benefited from the loan waiver scheme. Now, the government has decided to disburse fresh loans to 15 lakh farmers through cooperative banks and NABARD was asked for more assistance, he added.
Loan waiver amount would be credited into the savings accounts of the farmers. The Banks should transfer the loan waiver amount to their accounts, he said.
“The cooperative department officials were directed to give a report on the suicide of farmers family at Mandya recently. The government has taken steps to check the harassment of private money lenders and shortly, an act would be enforced. If the money lenders harassed the farmers, they should inform the police. The farmers should not take any hasty decisions and end their lives as the government is with them”.
- Bandeppa Kashempur, Minister
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Andhra Cabinet approves allocation of 21 acres in Vizag to TCS at token lease prise of 99 paise
Amaravati, April 15 (PTI): The Andhra Pradesh Cabinet approved the allocation of 21.16 acres of land to TCS in Visakhapatnam on Tuesday, at a token lease price of 99 paise.
The land, located on IT Hill Number 3, will be used by the tech giant for an IT campus, where TCS is expected to invest Rs 1,370 crore. This project is set to generate 12,000 jobs.
"Cabinet approved the allocation of 21.16 acres of land to TCS at Visakhapatnam IT Hill Number 3 for setting up an IT campus to generate 12,000 jobs," stated an official press release.
Additionally, the Cabinet approved a proposal from Mahamaya Industries Ltd to expand an integrated steel plant in Vizianagaram, among other matters.
