More time to repay farm loans

May 26, 2016 12:00 am | Updated 05:41 am IST - SIRSI:

Farmers have been given one more year to clear their agriculture loans taken from district central cooperative banks, primary cooperative societies and rural development banks in the backdrop of draught, Kadur MLA Y.S.V. Datta has said.

He told presspersons on Tuesday that farmers of Uttara Kannada, Dakshina Kannada, Shivamogga and Udupi districts had been covered under this facility.

“I have told the farmers here not to hurry to repay the loan by May 31. Some vested interests have misguided them,” he said.

He said that Taluk Rural Coopertative Credit Bank had brought the plight of farmers to his notice during his previous visit.

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