UP Govt Starts Giving Out Loan Waivers To Farmers; Few Get Rs 10, Rs 215 Cheque Against Loans Of Rs 40,000

The Logical Indian Crew Uttar Pradesh

September 12th, 2017 / 3:41 PM

Loan waivers

Courtesy: Hindustan Times, News 18 | Image Credit: Twitter 

Farmers in Uttar Pradesh’s Hamirpur have been allegedly given loan waiver certificates of Rs Rs 10 and Rs 215 at a function which was presided by state’s labour and employment exchanges minister, Mannu Kori, reports Hindustan Times.

Shanti Devi of Umri village received a loan waiver of just Rs 10.37 against a loan of Rs 1.55 lakh whereas Munni Lal of Maudaha village was given a loan waiver certificate of Rs 215 against his loan of Rs 40,000. Out of 45 farmers who were called on stage during the function to receive the documents, many complained of getting these low-value certificates.



This farce in the name of a loan waiver has come after the Yogi Adityanath-led Uttar Pradesh government had launched the ‘Krishi Rin Mochan Yojna’ (farm loan waiver scheme) last month and had announced Rs 1 lakh as the upper ceiling for waivers. The project was planned to benefit 87 lakh farmers in the state and cost the exchequer Rs 36,000 crore.

Around 12,460 farmers, from the Hamirpur district, are supposed to get farm loan waivers in the first phase of the scheme, as promised by the UP government.

The debt waiver was aimed to benefit farmers who had suffered losses due to drought, flood etc. in Uttar Pradesh. It would also have helped others whose loans were declared Non-Performing Assets by the banks and were beyond recovery.

However, the meagre amount of money that has been meted out by the government has only whetted the problems of the farmers. They are appalled and disappointed with the functioning of the state government.

Minister Mannu Kori, who had given away the certificates, termed it as a printing mistake. “The loan waivers have been given as per rules. If there are discrepancies, we will get it inquired into and act against those responsible,” he reportedly said.

This was not a stray incident when loan waiver certificates of such low denominations were handed to the farmers. On September 8, similar incidents were reported from Barabanki district, where certificates were distributed to 5,000 farmers. Farmers in Barabanki too complained of receiving waiver certificates of Rs 12 and 24.

Opposition parties have shown their anger and disgust at the entire episode claiming that this is another example of the UP government of not fulfilling its promises.


Farmers have been protesting across the country for so many months now; farmer suicides have risen to an abominable level; Tamil Nadu farmers protesting in Jantar Mantar ate their excreta on 10 September. In spite of these horrific incidents, the authorities have made a farce out of the entire loan waiver promise. The Logical Indian severely condemns the incident and urges the concerned authorities to look into the matter immediately.


Contributors

Written by :

Edited by :

Related Stories

Rafale Deal Waivers

Rafale Deal: “Exceptional & Unprecedented Waivers” Given By Modi Govt In Offset Contracts, Says Report

PSB Write Off Loans

Public Sector Banks Write Off Loans Worth Rs 41,000 Crore; SBI Writes Off Rs 10,000 Crore Loan

Nambi Narayanan

Taken In Police Jeep As Criminal 24 Yrs Ago, Now Returning In State Car With Rs 50 Lakh Cheque: Nambi Narayanan

Doorstep Delivery Delhi

Dial 1076 & Get 40 Govt Services At Your Doorstep: Delhi Govt’s Unique Initiative Starts Today

Cheque Books Of Former Associate Banks Of SBI To Become Invalid From April 1st

winter sessions

Karnataka Assembly Winter Session Starts With 10% Attendance; Parliament’s May Get Postponed

Latest on The Logical Indian

Awareness

Thousands Of Hindu Devotees Discussed Menstrual Hygiene At Shri Ram Katha In Rishikesh

News

Senior Lawyer And Rajya Sabha Member KTS Tulsi Introduces Bill For Gender Neutral Rape Law

News

Sex Ratio At Birth Drops To 896 During 2015-17, Nearly 1.1 Crore Girls Have Gone Missing In India

News

Lok Sabha Passes National Investigation Agency Amendment Bill, Opposition Says Can Be “Misused”

News

Amid Student Protests, TISS Hyderabad Decides To Suspend Academic Activities With Immediate Effect

News

Sex Ratio At Birth Drops To 896 During 2015-17, Nearly 1.1 Crore Girls Have Gone Missing In India

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.