Loan woes hound Vidarbha farmers

No respite to defaulting farmers from land development and cooperative banks in the region with the highest farmer-suicides

PTI | August 5, 2010



There is no respite to the farmers who defaulted in repaying loan from the co-operative banks and Land Development Banks (LDB) in the most affected farmer suicide areas in Vidarbha region.

The borrowers from the LDB in the state will get respite as the Maharashtra government has decided to defer strong action against defaulters by giving them eight more months to repay the dues is dried up.

The Cooperative Secretary Sudhir Goyal who had earlier served in the affected area in Vidarbha has convinced the administrator of LDB Subhash Mane. Accordingly Co-operative and Marketing Minister Harshvardhan Patil has issued fresh order of forcible recovery, now in different style of Gandhigiri by beating drum, before the house of short listed willful defaulters, The Vidarbha Janandolan Samiti president Kishore Tiwari said today.

"This is totally contradictory to the announcement of co-operation and marketing Harshvardhan Patil in Mumbai that the one-time settlement (OTS) will now be available till next March 31 and uncalled for as this will lead to auction the land mortgaged with LDB against the term loans and thus dispose the farmers of land," Tiwari said in a press release issued here today.

Chief Minister Ashok Chavan should intervene to stop this forcible recovery as this is not the time even if farmers want to repay the loan under OTS, he said.

"VJAS has no objection on regular recovery but objected action of seizure of land and forcible recovery now recent letter issued by LDB bank is much more serious as they have asked respective Bank manager to form team of bank employees...we will protest such action of recovery as the debt is disputed one needs to scan as per recent OTS orders," Tiwari added.
 

Comments

 

Other News

The Sardar biography that throws light on our times

Patel: A Life By Rajmohan Gandhi Aleph Books, 568 pages, Rs 1,199   There are many biographi

Climate change, El Niño rewrite Indian monsoon

The month of July exceeded its rainfall target despite forecasts of a below-normal month under a strengthening El Niño. The reason could be that climate change is amplifying monsoon complexity: West Pacific warming, Western Disturbances and evolving ocean conditions increasingly interact with El Ni&

Mumbai has just 1.28 sq.m. of open space per person: Study

Mumbai`s public space crisis is as much about mismanagement as it is about scarcity, and offers a governance roadmap that can be implemented without new legislation, according to a new report by the Urban Design Research Institute (UDRI) and the NGO Alliance for Governance and Renewal (NAGAR).  

Lok Sabha passes amendment bill to improve public examination system

The Lok Sabha on Wednesday passed the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026 by a voice vote after an extensive discussion. Replying to the debate, minister of state (independent charge) for science & technology; earth sciences and MoS in the PMO, Dr. Jite

Shri Abhijit Phukon (IES, 2004) appointed as Joint Secretary, Department of Agriculture & Farmers Welfare.

 Shri Abhijit Phukon (IES: 2004) has been appointed as Joint Secretary, Department of Agriculture & Farmers Welfare, Government of India. His appointment, approved by the

Shri Avanish Kumar Mishra (ISS, 2000) appointed as Joint Secretary, Department of Administrative Reforms & Public Grievances.

 Shri Avanish Kumar Mishra (ISS: 2000) has been appointed as Joint Secretary, Department of Administrative Reforms & Public Grievances (DARPG), Government of India. The appointment, approved by the Appointments

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter