Daijiworld Media Network – Bengaluru (MS)
Bengaluru, Jul 8: State government is mulling to waive loans within Rs 1 lac of farmers who have died of coronavirus pandemic. The final decision will be published in another two days.
Already instructions have been given to all cooperative organizations to submit the details of the farmers who have died of Covid. The waiver will be done through DCC Bank and Apex Bank and the DCC Bank will get financial aid from Apex Bank.
Minister of State for co-operation, ST Somashekhar confirmed this fact and said that the government has the responsibility of helping the farmers who have died due to coronavirus.
Federation of Karnataka cooperatives has welcomed the decision of the state government. G T Devegowda, president of the federation said that the government's initiative of helping the families of farmers who have died of coronavirus is really appreciable. This will help the family of the farmers. The support of the whole cooperative sector is with the government.