Karnataka farm loan waiver money ‘disappears’ from debts of over 13,000 farmers

by Lionel Casey

Shivappa Jaye, a 60-year-vintage farmer from Sagar in Kalaburgi district, was thrilled. At the same time, the Karnataka authorities deposited money into his account in April as a part of the kingdom’s farm mortgage waiver promise. However, on June 3, weeks after the Lok Sabha elections had been declared, the cash disappeared from Shivappa’s account. He rushed to the bank to discover what had come about – simplest to be advised that the money had been ‘refunded’ to the country’s government.

“On February 28, the authorities deposited Rs 50,000 in my financial institution account. On April 17, Rs forty-three 535 changed into deposited. With this, I became happy that my loan may be waived. Suddenly, the money disappeared, and on June 2 and 3, a total of Rs 93,535 vanished from my account. When I went to the bank and asked what occurred, they said that the authorities had issued a notice to all banks to refund the loan waiver quantity lower back to the kingdom government,” Shivappa says.

Not simply Shivappa but over 13,000 farmers nationwide have been disadvantaged by the loan waiver scheme in accordance with farmer organizations. Farmers allege that the authorities’ plan is the best eyewash to win the people’s votes. Hoppa Hayyalappa, another farmer from Kalaburgi, says that the rules have come out to get them as the humans did not vote for Congress or JD(S).

“This time, many people had voted for the BJP. We recognize how the authorities feel about farmers in north Karnataka. They do not care, and they have never carried out so. Our Chief Minister has additionally made many statements in the past dismissing our needs. He also advised human beings of north Karnataka that considering we did not vote for the JD(S) throughout the Assembly elections, why have the authorities assisted us? Is this the way they may be exacting revenge now? Aren’t governments presupposed to help us?” Honnappa laments.

Before May 23 (Lok Sabha effects), the national authorities had announced that loans in industrial banks worth Rs 4,830 crore had been waived for 7. Forty-nine lakh farmers until April 2019 and loans in cooperative banks worth Rs 3,488 crore have been waived for eight.1 lakh farmers. The CMO had specially stated that Kalaburgi district had the maximum number of beneficiaries from the cooperative financial institution area (seventy-two,654), followed by Haveri (62,915) and Raichur (forty-nine,280). In commercial banks, the Belagavi district recorded the best number of farmers whose loans had been waived (87,276), accompanied by Tumkur (82798) and Mandya (78,167).

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