Governor clears State Debt Relief Commission

Cabinet at its meeting last month decided to bring an ordinance reviving the panel

July 12, 2019 12:26 am | Updated 12:27 am IST - HYDERABAD

HYDERABAD, TELANGANA, 06-09-2018: Chief Minister K.Chandrasekhar Rao with Governor E.S.L. Narasimhan  handing over the resolution passed by the Telangana cabinet to dissolve the Assembly at Raj Bhavan in Hyderabad. 
photo: Arrangement

HYDERABAD, TELANGANA, 06-09-2018: Chief Minister K.Chandrasekhar Rao with Governor E.S.L. Narasimhan handing over the resolution passed by the Telangana cabinet to dissolve the Assembly at Raj Bhavan in Hyderabad. photo: Arrangement

Governor E.S.L. Narasimhan was on Thursday learnt to have cleared the recent resolution of the State Cabinet to revive the State Debt Relief Commission which ran into rough weather after it was constituted by a legislation of the Assembly three years ago.

The Telangana State Commission for Debt Relief (Small Farmers, Agricultural Labour and Rural Artisans) Act, 2016, was enacted with a chairman and five members to prevent debt ridden farmers from harassment by private lenders. The government contemplated through the legislation to bail out all farmers by waiving or rescheduling loans when farmers took them at high interest rates and fell prey to forcible recovery.

As the legislation failed to take off, BJP and Congress leaders N. Indrasena Reddy and Mr. M. Kodanda Reddy respectively moved the High Court which ordered its constitution headed by a retired High Court judge. The government only appointed two members to the panel but did not name the chairman.

As this invited contempt proceedings, the government issued an ordinance on June 24 facilitating appointment of a ‘noted person’ having experience in the field of agriculture, finance and law as the chairman. Accordingly, N. Venkateswarlu of Parkal in erstwhile Warangal district was appointed chairman.

However, the ordinance lapsed on December 23 after the six month deadline which threw the fate of the commission chairman into jeopardy due to dissolution of the Assembly and advanced elections.

In these circumstances, the Cabinet at its meeting last month decided to bring an ordinance reviving the commission.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.