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Much hyped 50% KCC Loan waive off scheme merely propaganda Banks shoot notices to farmers in Pargwal for instalments 6/22/2015 11:59:17 PM Bivek Mathur Early Times Report Jammu, June 22: The much hyped policy of Jammu and Kashmir government to waive of 50% KCC loan to the marginal farmers who have suffered crop losses due to incessant rains and flash floods in Jammu and Kashmir has proved a mere hoax. The farmers have been issued notices to submit the loan instalments. A farmer's deputation of Pargwal village in Jammu district approached Early Times office this afternoon and disclosed that poor farmers are getting bank notices through different modes of communication including oral communications, phone messages, and bank notices to submit the timely instalments of KCC loan. Farmers of Mirpur Kona, Marh, R.S. Pura, Gajansoo are also complaining the same. Ravi Singh, a farmer of Pargwal said, "I was taken by surprise, after I got a notice from the bank branch to submit the instalment, though the amount I had taken as loan on KCC from the bank branch was less than Rs. 1 lakh and the same was assured by the Finance Minister Haseeb A Drabu as well as Minister for Agriculture Ghulam Nabi Lone that KCC loans will be waived to marginal farmers". Pertinently Minister for Agriculture Ghulam Nabi Lone Hanjura, while replying to the Demands for Grants of Agriculture Department in the Legislative Assembly, on March 26 this year had informed the house of legislators that an amount of Rs. 150 Crore has been earmarked in the budget session 2015-16 to waive off the KCC loan by 50% to those farmers who have suffered crop losses due to incessant rainfall and floods. Minister for Agriculture Ghulam Nabi Lone Hanjura, when contacted by Early Times said, "Various farmer deputations led by their representatives met us and expressed their dissatisfaction over the earlier announced 50% lone waiver of policy to the farmers whose loan limit was Rs 1 Lakh or less than Rs1 lakh and asked for extending benefits of this scheme to other farmers also who have suffered losses and have taken loan amount of more than Rs. 1 Lakh on their KCC cards". He said, after considering their demands, we have decided to reduce the waiver of limit from 50% to 30% or 20% and extend benefits to all the farmers who have suffered losses due to incessant rains and flash floods in the state.   Share This News with Your Friends on Social Network     Comment on this Story

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