Gruhakalpa beneficiaries lay siege to SBI

Gruhakalpa beneficiaries lay siege to SBI
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The Rajiv Gruhakalpa beneficiaries at Polepalli in Khammam rural mandal demonstrated in at State Bank of India’s main branch here on Tuesday resenting the alleged sale of their dwellings built in 2005 to Reliance, without their knowledge, to settle their loan dues.

Khammam: The Rajiv Gruhakalpa beneficiaries at Polepalli in Khammam rural mandal demonstrated in at State Bank of India’s main branch here on Tuesday resenting the alleged sale of their dwellings built in 2005 to Reliance, without their knowledge, to settle their loan dues.

While laying siege to Manager Ramakrishna’s chamber, the demonstrators expressed their ire at the SBI officers’ attitude who sought to treat their non-payment of dues as an excuse to sell their houses. They had heated arguments with him while asserting that they had no capacity to repay the loan dues as they were mostly labourers.

The protestors, who included Bandari Srinivas, Satyavani, Rajyalakshmi, Upendramma, Kasulamma, Venkanna and Rajeswara Rao, expressed their resolve to continue the agitation till the loan dues were waived off and houses re-allotted to them. They threatened to go on fast.

The then Chief Minister Y S Rajasekhara Reddy had inaugurated the Rajiv Gruhakalpa scheme in 2007 at Polepalli of 31 blocks, each with 24 houses. They were allotted to 744 families, with the government arranging loans from seven banks, after mortgaging the house pattas. The value of each house was fixed at Rs 82,000. As the residents have not been paying EMIs for the last two years bank officials are demanding repayment of loans.

Each beneficiary was to pay Rs 500 a month. The government was to deposit Rs.1,500 each in their accounts. The loan repayment was to be completed in 120-140 installments. The SBI was allotted more houses. Only 80 beneficiaries have been regularly repaying their loans to SBH which was allotted 350 houses.

As many as 270 beneficiaries have been facing hardship in making payments because of poverty. Consequently, bank officials sold 148 houses to Reliance. Twenty of the beneficiaries have secured their house pattas after clearing their dues.Meanwhile, Mohan, project director, Rajiv Gruhakalpa, told The Hans India that the beneficiaries have to pay the loan. If the government released its benefits they would be deposited in the beneficiaries’ bank accounts.

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