Pinarayi Vijayan announces relief for debt-ridden Kerala farmers
By Mynation 12-Jun-2019
The first relief measure says cooperative banks, urban banks and state cooperative banks coming under the RBI would be asked not to issue property attachment notices under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. The second is, all loans up to Rs 2 lakh taken by farmers from both cooperative and commercial banks would be written off.
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