Kerala to object state banker’s committee’s recovery procedures on farmer loans

Agencies
June 24, 2019

Kochi, Jun 24: An advertisement from the State Level Banker's Committee (SLBC) that appeared in leading dailies in Kerala on Sunday has upset the government as it stated that recovery procedures on farmers loans will go ahead on defaulters.

Speaking to the media in Thiruvananthapuram, State Finance Minister Thomas Issac said this issue will be taken up strongly at the upcoming SLBC meeting to be held here on June 25.

"They have written off Rs 5 lakh crore of outstanding amount of the corporates, but have come out with rules against the farmers and are threatening with recovery procedures. It's not right to say that only paddy cultivation is classified under agricultural loans. If agricultural land means only paddy fields, then in Kerala it's just 15 per cent. We will raise this issue at the SLBC meeting very strongly," said Issac.

In 2019 alone, about two dozen farmers committed suicide after the banks strictly went ahead with recovery procedures even after the government had announced that due to the piquant situations faced by the state in terms of the worst ever floods last year, all loans taken by the farmers would get a moratorium till December 31, 2019.

At the SLBC Sub Committee on Natural Calamity (2018), one of the decisions taken was with regard to providing moratorium on agricultural loans and loans to those borrowers whose income is largely from agriculture and allied activities. The committee clarified that banks may permit moratorium to those loans pertaining to flood affected villages notified by the government, subject to the permission from the Reserve Bank of India (RBI).

However, in the advertisement, the SLBC said the RBI guidelines have to be followed by all banks and the moratorium ends on July 31.

State Agricultural Minister V.S. Sunil Kumar said the state government will take up this issue with the Centre.

"We will meet the RBI officials on this and at Tuesday's meeting of SLBC, this is going to be taken up seriously. They now say that the moratorium ends on July 31, which is wrong. In fact, banks do have the right to extend the moratorium," said Kumar.

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News Network
May 25,2020

Thiruvananthapuram, May 25: About 100 people, including a Magistrate and some police personnel, have been asked to go into quarantine after an accused, who was produced before a lower court here following his arrest, later testedpositive, officials said on Monday. The accused, who was arrested along with two others in connection with a case relating to illicit liquor transportation two days ago, had been shifted to thePoojapura central jail after he was remanded to judicial custody.

With his sample testing positive on Sunday, theman has been sent to a designated COVID-19 hospital. The Nedumangad court magistrate, before whom he was produced, 34 police personnel, including a circle inspector, who were on duty at the Venjaramoodu police station when the accused was broughtafter his arrest, some employees of a government hospital where his swab sample was taken and 12 officials of thePoojapura central jail have gone into quarantine, police sources said.

. Meanwhile, Malayalam film actor Suraj Venjaramoodu and Vamanapuram MLA D K Murali (CPI) are under self-imposed quarantineas they had attended a function in which the circle inspector had taken part.

Two days ago, a car in which illicit liqour was being transported had hit a policeman and sped away, but people managed to stop the vehicle and the three accused, who were in an inebriated state, were arrested, sources said.

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News Network
February 2,2020

New Delhi, Feb 2: The Congress on Sunday released its manifesto for Delhi polls, promising to implement unemployment allowance of Rs 5,000-7,500 per month and cashback schemes for water and power consumers, if voted to power.

Presenting the manifesto, Delhi Congress chief Subhash Chopra said the party will provide free power up to 300 unit per month.

The manifesto also committed to spend 25 per cent budget each year on fighting pollution and improving transport facilities.

An unemployment allowance of Rs 5,000 for graduates and Rs 7,500 for post graduates per month will be provided under the Yuva Swabhiman Yojna, he said.

The Congress will launch flagship cashback schemes for power and water supply to benefit consumers saving these resources. The party, if voted to power, will open 100 Indira Canteens to provide subsidised meals at Rs 15, Chopra said.

The Congress will challenge the Citizenship Amendment Act (CAA) in the Supreme Court and demand the Centre to withdraw the law. The party will also not implement the National Register of Citizens (NRC) and the existing form of the National Population Register (NPR), if voted to power in Delhi.

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News Network
January 31,2020

New Delhi, Jan 31: Slamming the BJP over the Jamia firing incident, Congress leader Priyanka Gandhi Vadra on Friday said such incidents were possible with the ruling party's leaders inciting people to shoot, and asked Prime minister Narendra Modi to answer whether he stands with violence or non-violence.   

Her attack on the government comes a day after tensions in the Jamia area spiralled on Thursday after a man fired a pistol at a group of anti-CAA protesters, injuring a student, before walking away while waving the firearm above his head and shouting "Yeh lo aazadi" amid heavy police presence in the area.

"When the BJP government ministers and party leaders incite people to shoot, give provocative speeches, then all this becomes possible. The Prime Minister should answer what kind of a Delhi he wants to build?" Priyanka Gandhi said in a tweet in Hindi.

Does the PM stand with violence or non-violence, she asked.

"Does he stand with development or with anarchy?" the Congress general secretary said.

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