Bengaluru, August 13: Cooperative Minister Bandeppa Kashempur said that the state government has decided to issue No Objection Certificates (NOCs) to all farmers at a time as it has already waived of Rs 9,448 crore crop loan availed from cooperative societies.
Speaking to reporters at his office at Vidhana Soudha here on Monday, the Minister said that the government has waived of the agriculture loan up to Rs 1 lakh till July 10, 2018. Now, the government has declared the waiver of short term loans up to Rs 1 lakh availed from primary agriculture credit cooperative societies and DCC Banks. One family would get the loan waiver benefit up to Rs 1 lakh. If the farmer who had availed the loan died, his family members would get that benefit. If the farmer has already repaid the loan completely, then the loan amount would be credited to the savings account of the farmer through Direct Beneficiary Transfer system, he said.
Out of 78 lakh farmers, 22 lakh farmers have been getting loans from cooperative banks and 26 lakh farmers have been availing loans from nationalized banks and remaining farmers were not able to get the loans. Now, the department has planned to give loans to such farmers through cooperative societies, he said.
Financial aid requested
In order to disburse loans to the farmers, the state government has sought financial assistance from NABARD. So far, the government was getting 40 per cent financial assistance and now, demand was placed to increase it to 75 per cent and was expecting 60 per cent assistance, he said.
The cooperative societies and banks have disbursed Rs 10,700 crore loan to the farmers. Of which, the government has waived of Rs 9,448 crore loan. The government has already directed the primary credit cooperative societies to display the list of borrowers, he said.
Bogus accounts
While linking Aadhaar numbers to the transactions in cooperative societies, total Rs 50 crore was found 6000 bogus accounts. So, the account holders list would be announced and action would be taken against bogus accounts holders, he said.
“In order to instill confidence among farmers, Chief Minister Kumaraswamy has transplanted paddy saplings in Mandya. He would be invited to North Karnataka to offer pooja to Tur, moong and other produces. The Chief Minister would participate in agriculture activities in Bidar”.
- Bandeppa Kashempur, Cooperative Minister
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
New Delhi (PTI): India on Thursday welcomed the Gaza ceasefire and hostage release deal between Israel and Hamas.
The announcement on the deal comes after 15 months of conflict in Gaza.
In its reaction, India hoped that the agreement will lead to a safe and sustained supply of humanitarian assistance to the people of Gaza.
"We welcome the announcement of the agreement for the release of hostages and a ceasefire in Gaza," the Ministry of External Affairs (MEA) said.
"We have consistently called for release of all hostages, ceasefire, and return to a path of dialogue and diplomacy," it said.