Contact Your Financial Adviser Money Making MC
27
July 2017
Public
sector banks in Maharashtra have finally started disbursing the emergency aid
of Rs 10,000 - promised by the state government on June 11 - for the eligible
nine million farmers, a top official said on Thursday. The Total Investment & Insurance Solutions
"The
work has begun in full swing after a meeting of the Bankers Committee last
week. Till now, around 7,000 farmers have been given Rs 10,000. We are
confident that by next week the work will be completed," the Pune-based
Maharashtra Cooperation Commissioner Vijay Zade told IANS.
The
development came after the issue was first highlighted by IANS (July 22) on the
massive delays in disbursing the Rs 10,000 immediate aid as part of the
comprehensive farm loans waiver scheme announced on June 11 by the state
government. The Total Investment &
Insurance Solutions
According
to the latest official figures, a total of 6,990 farmers have been disbursed Rs
6,74,99,000 from district cooperative banks, rural banks and nationalized
banks.
"The
ball has been set rolling after Chief Minister Devendra Fadnavis summoned a
meeting of all banks at the State Level Bankers Committee (SLBC) on July 21.
Upset over the delays he ordered all banks to take immediate measures to clear
the Rs 10,000 immediate aid," Vasantrao Naik Sheti Swavalambi Mission
Chairman Kishore Tiwari told IANS from Nagpur.
Zade
said some banks did not implement the directives earlier as they did not
receive the SLBC and the respective individual banks' clearance on time though
the state government had already provided its guarantee to the Reserve Bank of
India (RBI). The Total Investment &
Insurance Solutions
After
the matter became an embarrassment for the government, the banks have finally
fallen in line and started the disbursal to the farmers. The Total Investment & Insurance Solutions
Till
date, distressed farmers in 30 districts, excluding a few like Nandurbar,
Dhule, Jalgaon, Mumbai and Mumbai suburban, have started getting the promised
aid announced on June 11.
The
government had issued its order on June 14 asking the eligible farmers to
collect this amount the next day (June 15) but the banks did not entertain
them. The Total Investment &
Insurance Solutions
Strangely,
despite the government orders of June 14, it managed to provide the bank
guarantee only after three weeks - on July 4 - but the disbursal process began
only after another 20 days, Tiwari pointed out.
Earlier,
of the nine million eligible farmers, a paltry 3,200 had been given as
immediate aid, mostly by the Vidarbha-Konkan Gramin Bank, Maharashtra Gramin
Bank and District Central Cooperative Banks.
"However,
the insensitive banks and bureaucrats had made a joke of even the small amount
of Rs 10,000. Owing to their negative temperament, the farmers' suicides
continue unabated," Tiwari added.The
Total Investment & Insurance Solutions
No comments:
Post a Comment