18 hrs ago
Deputy CM Warns Against Drought Loan Recovery Harassment
Many farmers in Mysuru district are struggling because there has not been enough rain.
Some crops dried up before they could grow properly.
This has reduced farmers’ income and made it harder for them to repay loans.
Deputy Chief Minister G Parameshwar visited the affected areas and spoke with farmers.
He said loan companies must not threaten or harass farmers.
Companies that break government rules could face legal action.
The government plans to help farmers who lost crops.
It will also send a report about the damage to the Centre.
Deputy Chief Minister G Parameshwar said microfinance institutions must not harass drought-hit farmers over loan recovery.
He warned that companies violating state rules and guidelines would face strict legal action.
Parameshwar visited drought-hit areas of Mysuru district to assess rainfall shortages and crop losses.
Officials said ragi, maize and tobacco crops had dried up at the germination stage because of prolonged rain shortages.
He said the government would prepare a comprehensive crop-damage report and submit it to the Centre.
- Who
- Deputy Chief Minister G Parameshwar, drought-affected farmers, and microfinance institutions.
- What
- Parameshwar warned microfinance institutions against harassing farmers during loan recovery and promised assistance for crop losses.
- Where
- Drought-hit areas of Mysuru district, including Kanchugaran Koppalu village in K.R. Nagar taluk.
- When
- Tuesday.
- Why
- Severe rainfall shortages caused crop damage and financial distress among farmers.
Farmer Protection
Loan Recovery
Recovery practices
Farmer Protection
The Deputy Chief Minister said microfinance institutions should not harass farmers who are facing drought-related financial distress.
Loan Recovery
The article does not provide a response from microfinance institutions or describe their position on loan recovery.
Government action
Farmer Protection
Parameshwar warned that companies violating state rules and guidelines would face strict legal action.
Loan Recovery
No opposing view from microfinance companies or other groups was reported.
Key facts
- Official
- G Parameshwar, Deputy Chief Minister
- Affected area
- Mysuru district
- Crops damaged
- Ragi, maize and tobacco
- Main cause
- Prolonged shortage of rainfall
- Enforcement
- Violating microfinance companies could face strict legal action
- Planned response
- A comprehensive crop-damage report will be submitted to the Centre
Quotes
G Parameshwar
Karnataka Deputy Chief Minister who visited drought-affected areas of Mysuru district
“A comprehensive report on crop damage will be prepared and submitted to the Centre.”
thehansindia.com
Sources
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