Bankers not yet ready with loan waiver data

 

According to government  instructions, the banks and cooperative societies should submit the reports and details of eligible farmers on September 25. But, according to bank  sources, they  could complete examination of nearly 2.50 lakh farmers’ accounts out of 7 lakh till now. 

 

It will take  another 10 days for completing the process. Initially, the government gave 31  columns to be filled by banks but, two days back another three columns like scale of finance, gender and others were added. 

 

The banks said that  already completed forms have to be revised with additional columns. They also said that they have to do the work without affecting the daily bank transactions. In rural areas, there are so many connectivity problems to streamline the  accounts. However, the district collector Neetu Prasad is very keen on completing the  process as early as possible.

 

She requested the bankers to speed up the process. Meanwhile, the bankers in East Godavari district disbursed Rs 1,415 crores to the farmers  in this khariff season as against Rs 3,300 crore target. 

 

The banks have to meet the  target by September-end. But owing to loan waiver scheme for farmers, introduced  by the state government, the bankers could not disburse it as the farmers did not clear  their dues. The manager of Andhra Bank, which is the lead bank, Jagannadha Swamy, said that the  loans had  been disbursed to the farmers who had cleared their debts.