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“Disbursal of loans must be smoother”

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ELICITING VIEWS: Collector M. Jayaraman addressing a meeting at the Tirunelveli Collectorate on Tuesday.
ELICITING VIEWS: Collector M. Jayaraman addressing a meeting at the Tirunelveli Collectorate on Tuesday.

Staff Reporter

Focus on hardship in getting educational loan

TIRUNELVELI: Members of the District Planning Committee (DPC) have urged Collector M. Jayaraman to initiate effective steps to ensure eligible students, particularly from poor families, get educational loans without any hassle.

“As the banks, including the nationalised financial institutions, are either reluctant to give loans to students or make the process of loan disbursal complicated, the Collector should ensure hassle-free disbursal of educational loans,” the members said.

Raising this issue at the District Planning Committee meeting at the Collectorate here on Tuesday, DPC member and district panchayat councillor S. Vaikuntaraja said that the bankers were not giving educational loans even in fitting cases and dragging the process to the maximum possible extent to frustrate the candidates.

“Tamilnad Mercantile Bank is giving educational loans only after the applicant gives collateral and Pandyan Grama Bank never gives educational loan,” alleged M. Graham Bell, chairman of DPC and District Panchayat and ‘Chamber’ Selvaraj, DPC member.

When the Collector asked the members to provide details on pending applications, they said that there were no pending cases, as the banks never receive the educational loan application forms.

“If the banks refuse to accept the loan applications from students, just give those applications to the tahsildar or Block Development Officer and get an acknowledgement so as to register your grievance. As we are holding the bankers’ meeting before the end of this month, the problems prevailing in giving of educational loans will be discussed and sorted out,” Mr. Jayaraman said.

When the members complained about demand for bribe by officials for distributing welfare measures to beneficiaries, Mr. Jayaraman said, “Instead of giving bribe, seek the help of Vigilance and Anti-Corruption personnel to get appropriate remedy.”

The Collector, while urging the public representatives to act impartially in executing the welfare schemes and development works in all departments, told the officials to complete the projects within the stipulated period by putting in additional effort so that the fund allocated for the schemes and new projects would not go unused and would not be sent back to the government.

Mr. Jayaraman suggested the members to take up as many earth works as they could under the National Rural Employment Guarantee Programme, “where availability of money is not at all a problem.”

Assistant Director (Mines) Mohana Sundaram assured the members that permission for desilting water bodies for agricultural purposes would be given without any delay after scrutinising the applications from farmers. “They’ll have to pay Rs. 40 per every 100 cubic feet of silt taken from the dry irrigation tanks,” Mr. Sundaram said.

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