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, became thrilled. At the same time, the Karnataka authorities deposited money into his account as a part of the kingdom’s farm mortgage waiver promise in April. But 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 came about – simplest to be advised that the money had been ‘refunded’ to the country government.

Karnataka farm loan waiver money ‘disappears’ from debts of over 13,000 farmers 3

“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 simply disappeared, and on June 2 and 3, a total of Rs 93,535 just vanished from my account. When I went to the bank and requested them 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, over thirteen 000 farmers across the nation have been disadvantaged by the loan waiver scheme, in step with farmer organizations. Farmers allege that the authorities’ plan becomes best an eyewash to win votes of the people. Hoppa Hayyalappa, any other farmer from Kalaburgi, says that the rules become 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 approximately farmers in north Karnataka. They do not care, and they have never carried out so. Our Chief Minister has additionally made such a lot of statements inside 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 assist 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 well 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 co-operative financial institution area (seventy-two,654), followed by Haveri (62,915) and Raichur (forty-nine,280). In commercial banks, the Belagavi district had recorded the best quantity of farmers whose loans had been waived (87,276), accompanied by Tumkur (82798) and Mandya (78,167).

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