Kurnool, April 11, (way2newstv.com):
The cooperative banks established by the central and state governments have not cooperated to help farmers. Another thing is that the farmers are nutting the dough. The central government can not subsidize these loans from 2015-16 till now, As the state government does not offer interest subsidy through Apkab, officials have been charging the borrowers for the loans taken by farmers. Most farmers are unaware of the issue and will not be able to pay subsidies and the interest will be increased with the interest of guilt. 30 per cent on loans taken by SC / ST farmers and 25 percent subsidy for BCs. The subsidy amount is provided by the central government to NABARD through cooperative banks and cooperative credit unions. While 12.8 per cent of these loans were to be paid, the state government would provide a 6 per cent interest subsidy. In this way loans from the cooperative banks have been paid at a time when farmers who have been borrowed have previously used these subsidies.
FARMERS DIDN'T GET SUBSIDY TO FROM THREE YEARS
And so on. If the banks do not pay the amount, the banks have the power to confiscate the assets and the suicides of the farmers can not suicide. There are 24 co-operative central banks and 90 cooperative credit unions offering crores of rupees to thousands of farmers. Under the Nandikotturu Division, 500 farmers in the Brahmanakotturu Society will get Rs. 1.67 crores, 425 farmers in the Bannuru Society, Rs.2.33 crores for the farmers and 245 farmers in the Nandikotturu community. 1.67 crores, 480 farmers in the Pirusahabepeta Society Rs. 2.43 crores, 280 farmers in the rice society Rs. 66.75 lakhs loans were distributed. We have already taken loans with confidence that we will continue to subsidize subsidy like it in the past, but the farmers are saying that they are unable to repay their loans after the subsidy is canceled. In addition, this year we have not been able to sell crops due to the lack of any crops that they have cultivated. There is still a need for the central and state governments to respond to the farmers.
