Giving a stern warning to the bankers in Karnataka, Chief Minister HD Kumaraswamy told the media that he is willing to put them behind bars if they harass farmers for repayment of existing loans, Deccan Herald has reported.
After visiting the drought-hit Afzalpura taluk on Monday (17 September), he told the media that he would jail the bankers who trouble farmers for repayment.
According to Deccan Herald, farmer Madiwalappa informed the Chief Minister that officials from the Pragati Krishna Grameen Bank at Revoor were harassing him demanding the repayment of loans. This led to a crisis since the farm loans waivers were yet to be sanctioned with money.
The CM has requested for a week’s time and was quoted as saying, "Bank officials have been warned against harassing farmers”. He also cited an example of a banker being arrested in Vijayapura for harassing farmers. The government has issued a notification on crop loan waiver, yet the bankers continue to harass farmers for loan repayment, he alleged.
He has informed the district in-charge minister Priyank Kharge to send out a warning regarding the same.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.