Relief for unpaid loans till December 31, 2006

 The State Debt Relief Commission has recommended to the government to provide relief measures in 39,763 of the 96,271 grievances submitted by debt-ridden farmers in Wayanad district so far, State Debt Relief Commission Chairman, K.A. Abdul Gaffoor has said.

Interacting with the officials of the co-operative banks in the district on Thursday, Mr. Gaffoor said that the commission would provide relief to farmers for unpaid loans till December 31, 2006. As part of simplifying the process related to the debt relief measures, the commission had provided special application forms to the cooperative banks.

The applicants should clarify in the application whether they had availed incentives under the Central or State debt relief programmes, Mr. Gaffoor said.

If the debt was renewed, the applicants should clarify their liability before renewal of loans, he said and added that the applicants should give the details of the loan repayment.

Gold loans would not come under the purview of the scheme, he added.

S. Sreekumar, secretary of the commission, said on Thursday that the State government had disbursed Rs.24.63 crore for debt-ridden farmers in the district as per the recommendation of the commission, including a relief of Rs.14.38 crore as per the suo motu recommendation by  the commission  in 2007.

A sum of Rs.10.25 crore was disbursed as a relief to farmers who could not repay debts in the cooperative banks.

More In: KERALA | NATIONAL