Banks in Kerala prepone farm loans recovery deadline, state officials to meet RBI Guv

Agencies
July 2, 2019

Kochi, Jul 2: Kerala Agriculture Minister V.S.Sunilkumar will lead a delegation of top state officials to meet Reserve Bank (RBI) Governor Shaktikanta Das on July 10.

Sunilkumar told IANS that the meeting will be a follow-up on an advertisement given by the State Level Banker's Committee (SLBC) in leading dailies last month that announced recovery of loans from farmers from August 1.

"In view of last year's floods, the Centre had announced a moratorium on recovery of farm loans in Kerala till December 31, 2019. Now the SLBC says that the moratorium will end by July 31, which is not acceptable to us. Chief Minister Pinarayi Vijayan and I met with the SLBC to express our disagreement with the change in the deadline. On July 10, we will present our case before the RBI Governor," said Sunilkumar.

"In 2019 alone, about two dozen farmers in Kerala committed suicide after banks went ahead with loan recoveries. From August 1 onwards, most farm loans will turn into non-performing assets if the RBI does not keep its word and maintain a moratorium on loan recoveries till December 31. Hence the RBI Governor must act," said the Minister.

Sunilkumar added that the state government would also recommend to the RBI Governor to prevent misuse of low-interest agriculture gold loans.

"Commercial banks misuse the 4 per cent interest on agriculture gold loans scheme to pass on its benefit to non-farmers for non-agricultural purposes. We propose AGL only to farmers with Kisan Credit Cards (KCC)," added the Minister.

"Also at present, farm loans are provided only for paddy cultivation. We will demand agricultural loans for anyone involved in farming," he said.

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Agencies
June 10,2020

New Delhi, Jun 10: The Enforcement Directorate (ED) on Wednesday brought back over 2,300 kg of polished diamonds and pearls worth Rs 1,350 crore of firms belonging to Nirav Modi and Mehul Choksi from Hong Kong, officials said.

Out of the 108 consignments that landed at Mumbai, 32 belong to overseas entities "controlled" by Modi while the rest are of Mehul Choksi firms.

Both the businessmen are being probed by the ED under the Prevention of Money Laundering Act (PMLA) in connection with an over USD 2 billion alleged bank fraud at a PNB branch in Mumbai.

The valuables include polished diamonds, pearls and silver jewellery, and is worth Rs 1,350 crore. 

The ED completed "all legal formalities" with authorities in Hong Kong to bring back these valuables, the agency said.

These will formally seized under the PMLA now, it said.

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News Network
June 17,2020

Jaipur, Jun 17: Police have registered an FIR against a television news anchor for allegedly making an objectionable comment on Sufi saint Khwaja Moinuddin Chishti.

The FIR was lodged after a complaint against News 18 India anchor Amish Devgan by a "khadim" at the saint's dargah in Ajmer on Tuesday night.

"He is running a communal agenda against the Muslim community. The dargah of Sufi saint is visited not only by Muslims but by people of all religions and his comments have hurt the sentiments of all," Syed Sarwar Chishti said.

The anchor later apologised on Twitter. "In 1 of my debates, I inadvertently referred to 'Khilji' as Chishti. I sincerely apologise for this grave error and the anguish it may hv caused to followers of the Sufi saint Moinuddin Chishti, whom I revere. I have in the past sought blessings at his dargah. I regret this error," Devgan tweeted.

Dargah SHO Hem Raj said a case was registered under sections of the Indian Penal Code and the IT Act for outraging religious feelings.

Another complaint was lodged by activist Muzaffar Bharti at the office of Ajmer's Superintendent of Police.

He accused Devgan and his team of trying to incite riots through "misleading and objectionable debates on communal issues".

He said Devgan made highly objectionable remarks on the revered saint, which shall not be tolerated.

"The dargah of Moinuddin Chishti is the symbol of brotherhood and harmony and crores of people of different religions all over the world have deep love and faith in the saint," he said.

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News Network
March 25,2020

Kolkata, Mar 25: Amid the countrywide lockdown in the wake of coronavirus outbreak, Chief Minister Mamata Banerjee on Wednesday said that all police stations will take responsibility to deliver food at doorsteps under the supervision of District Magistrates and Police Superintendents.
"As we have to ensure that there is no scarcity of food, all Police stations will take responsibility to deliver food at doorsteps and it will be monitored by District Magistrates and Police Superintendents," said Banerjee at a press conference here.
She also said that under the social pension schemes, the pension holders will get their pension of March and April together.
Speaking on local police blocking people involved in essential services, she said, "The Officer-in-charge will have to ensure that the local police know about the rules and exemptions during the lockdown."
"If any police official or an administrative official is found flouting the lockdown norms, then strict action will be taken against them," she added.
The Chief Minister also said, "If somebody needs to help us by giving materials then they need to contact health department official Sanjay Bansal, whose contact number is - 9051022000."
"The government has also launched a State emergency relief fund wherein people can donate. For donation, the account number is 628005501339, IFSC: ICIC0006280 and website: wb.gov.in," she said.
She also said that on March 31 the government will review the situation.
According to a recent update by the Ministry of Health and Family Welfare, a total of 562 positive cases for coronavirus have been confirmed in the country.

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