Farmers' loan waiver process facing obstacles

ST Correspondent
Wednesday, 25 October 2017

Mumbai: About 8.40 lakh loan waiver forms received from banks have been found with irregularities, which raised questions about the entire process of the loan waiver implemented by the government. 26 lakh farmers have applied for the loan waiver scheme.

However, Subhash Deshmukh, co-operation department, assured that from Thursday the eligible farmers will get the loan waiver amount in their bank accounts.

Mumbai: About 8.40 lakh loan waiver forms received from banks have been found with irregularities, which raised questions about the entire process of the loan waiver implemented by the government. 26 lakh farmers have applied for the loan waiver scheme.

However, Subhash Deshmukh, co-operation department, assured that from Thursday the eligible farmers will get the loan waiver amount in their bank accounts.

Chief Minister Devendra Fadnavis held a meeting with the State Level Bankers’ Committee (SLBC) on Wednesday. While discussing the issue in the meeting, the Chief Minister reviewed the scheme and ordered the removal of hurdles in the processing of the list of eligible farmers, where the government found serious discrepancies in the data provided by banks.

The government decided to form joint teams of representatives of the concerned banks and State government officials to check the problems in the process. Many bank representatives were also present at the meeting from various districts via video conferencing and answered all their queries. Officials from IT, Finance, Cooperation dept and bank officials too attended the meeting.

Deshmukh agreed that there were problems in Aadhaar linking, as the process was completed in a hurry. “These errors are committed by banks and not by farmers,” said Deshmukh.
Chief Minister Fadnavis asked the banks to coordinate with the government's IT department. He also ordered the deputation one of the technical team members with the State IT department for coordination. “There would no misuse of the public money and that will go to farmers' accounts only. No farmer, who falls under the criteria, will be deprived of loan waiver,” he said. 

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