<p>Farmer woman Sunandamma and her son P K Sudhakar have written to the State Bank of India, Shivapura branch, in the taluk, seeking waiver of their farm loans as done for liquor baron Vijay Mallya.<br /><br /></p>.<p>The mother-son duo had availed of the loans from the bank two years ago. They had borrowed Rs 40,000 initially and had applied for a loan of Rs 3.35 lakh for construction of a building to take up sericulture. The bank had rejected their application. But, later sanctioned Rs 4.90 lakh for the purchase of tractor. <br /><br />“As the sericulture loan was rejected, the silk farming had to be stopped. Now, the loan amount has increased to Rs 7 lakh, including interest, making it impossible for us to repay,” said Sudhakar.<br /><br />Sunandamma and Sudhakar, who learnt about the loan waiver for Vijay Mallya recently, submitted a requisition, seeking waiver of their loans.<br /> </p>
<p>Farmer woman Sunandamma and her son P K Sudhakar have written to the State Bank of India, Shivapura branch, in the taluk, seeking waiver of their farm loans as done for liquor baron Vijay Mallya.<br /><br /></p>.<p>The mother-son duo had availed of the loans from the bank two years ago. They had borrowed Rs 40,000 initially and had applied for a loan of Rs 3.35 lakh for construction of a building to take up sericulture. The bank had rejected their application. But, later sanctioned Rs 4.90 lakh for the purchase of tractor. <br /><br />“As the sericulture loan was rejected, the silk farming had to be stopped. Now, the loan amount has increased to Rs 7 lakh, including interest, making it impossible for us to repay,” said Sudhakar.<br /><br />Sunandamma and Sudhakar, who learnt about the loan waiver for Vijay Mallya recently, submitted a requisition, seeking waiver of their loans.<br /> </p>
