Govt has deadline for officials to complete loan waiver process: Bandeppa Kashempur

Bengaluru: Cooperation Minister Bandeppa Kashempur informed that the state government has set a deadline of July 10 for officials to complete the loan waiver process of over 18 lakh farmers, who availed loans from cooperative banks.

Addressing presspersons after attending a meeting with the Apex bank chairpersons and presidents of district credit co-operative banks Bandeppa Kashempur said that of the 19 lakh applicants, about 18 lakh were found eligible for the waiver scheme. The government has decided to clear the loan waiver of 18 lakh farmers by July 18.

He further added that government officials will personally visit the homes of those one lakh farmers, whose supporting documents were not found with the waiver applications and the decision on including them in the waiver scheme will be taken after the visit