Co-operative banks asked to waive of farmers' loans for sinking borewells

Co-operative banks asked to waive of farmers' loans for sinking borewells

Co-operative banks should waive of loans taken by 975 farmers to sink borewells in Kolar and Chikkaballapur districts, said D L Gopalakrishna, president of Srinivaspur Primary Co-operative Agricultural and Rural Development Bank.

 D L Gopalkrishna

Gopalkrishna told reporters in the city on Tuesday that the wells have dried up, causing loss to the farmers.

The farmers two decades ago were using water available at a depth of 30 feet for irrigation.
Now, due to depletion of groundwater table, most of the open wells have dried up.

The State government in 1984 set up a three-member committee to assess the situation.
The farmers who applied for waiving off loan after their wells dried up, the committee verified their claims and submitted reports, following which the loan was waived off.

However, the farmers who didn’t submit application and the committee’s failure to verify their claims on time are not benefited by the government’s measure, he said.

“The banks have been harassing farmers for clearing dues,” he alleged.

The State Co-operative Agriculture and Rural Development Bank Kolar-Chikkaballapur branch has rejected applications submitted by 975 farmers in December 2011. Of them 600 farmers had submitted applications after the due date was over. Now, the farmers owe a total of Rs 1.36 crore.

Applications rejected

He said applications by 375 farmers have been rejected due to delay in releasing of the grants by the government. Farmers from Bagepalli, Chintamani, Gauribidanur, Gudibande, Shildaghatta and Chikkaballapur taluks in Chikkaballapur district and Malur, Bangarpet, Srinivaspur, Mulbagal and Kolar taluks in Kolar district have availed of the loan.

As many as 109 farmers in Srinivaspur taluk have submitted applications after the due date was over; 107 farmers in Bangarpet are waiting for the government to release the grants to get the waiver.

 The government should consider waiving off loans availed of by these farmers on humanitarian grounds, he said.

Gopalkrishna also condemned the delay by the government in releasing the grant even after receiving the report by the assistant commissioner.

Leaders Neelakanthagowda, Byatappa and Krishnareddy were present on the occasion.

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