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Demanding waiver of remaining crop loans and seeking fresh crop loans with immediate effect, farmers led by Telangana Rythu Sangham have resolved to stage protest demonstrations in front of all the banks in the district on Wednesday and Thursday (July 27 and 28).
Khammam: Demanding waiver of remaining crop loans and seeking fresh crop loans with immediate effect, farmers led by Telangana Rythu Sangham have resolved to stage protest demonstrations in front of all the banks in the district on Wednesday and Thursday (July 27 and 28).
Telangana Rythu Sangham State joint secretary and district general secretary Nunna Nageswara Rao criticised the State government for delaying the crop loans to farmers, in a statement here on Monday.
“Though the kharif season has commenced a few weeks ago, farmers are finding it difficult to get crop loans due to lackadaisical approach of the government,” Rao said.
As a result, it became imminent for the farmers to approach private financiers, he said, demanding that the government should direct the bankers to give crop loans with immediate effect.
He also urged the government to issue interest free crop loans to the tune of Rs 3 lakh to cultivators.
Stressing the importance of dispensing crop loans as per the scale of finance and rescheduling of farm loans, Rao emphasised the need for extending all the benefits to the tenant and Podu farmers.
Although the guidelines of the Reserve Bank of India allow the bankers to give 18 per cent of their total deposits as crop loans, the institutions are not giving even 10 per cent.
The government is also not coming forward to exert pressure on the bankers, he said.
Condemning the police firing incident at Vemulaghat in Medak district, in which a Mallanna Sagar reservoir oustee lost his life, Rao found fault with Chief Minister K Chandrashekar Rao and Irrigation Minister T Harish Rao for bulldozing the farmers’ rights.
“We need projects but not at the cost of farming community. The government needs to come up with an alternative mitigating the submergence area,” Rao said, advising the rulers not to be rigid.
Koulu Rythula Sangham district president Tata Bhaskar Rao and secretary Madineni Ramesh appealed the people to gather in large numbers to take part in the two-day protest.
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