Banks told to set up special counters for farmers, pensioners

Uppal also said though subsidy amounts were given to the banks, they did not sanction loans as per the target.

By   |   Published: 21st Dec 2016   8:14 pm
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File Photo: A man counting new Rs 100 currency notes in exchange of the old Rs 500 and Rs 1,000 notes at a bank counter. Photo: IANS

Nalgonda: Collector Gaurav Uppal told banks in Nalgonda to set up separate counters for farmers and pensioners to withdraw cash, warning them to stop causing inconvenience to them.
“It will not be tolerated if bankers create inconvenience to farmers and pensioners who want to withdraw money,” Uppal said during a district-level bankers meet he chaired at the Collectorate on Wednesday. The meeting was about need for cashless transactions and granting loans under several government schemes.

Uppal also said though subsidy amounts were given to the banks, they did not sanction loans as per the target. They also denied loans to beneficiaries selected under different government schemes by citing petty reasons.

“Out of the targeted Rs 430 crore crop loans, the banks in the district granted only 30 per cent of the total amount as loans. With this, the farmers would lose the facility of insurance coverage to their crops under the Pradhan Manthri Fasal Bheema Yojana Scheme,” the Collector said.

He told the banks that the last date for accepting applications for the Fasal Bheema Yoja was December 31 and directed LEAD bank manager Suryam to sanction the targeted crop loans before the deadline. Dissatisfied over the attitude of the bankers, Uppal said the delay in sanctioning the loans was nothing but denying the poor of government facilities.

He told the bankers to deposit the third installment of the crop loan waiver in farmers’ accounts.
Stating that only 40 per cent of welfare pensions were distributed to beneficiaries, he asked the bankers to immediately supply the required currency to post offices for disbursal of pensions. The banks should open bank accounts for all people in 11 villages, which were selected to go cashless.

Joint Collector C Satyanarayana Reddy asked bankers for a list of their staff members, who will attend the awareness programmes on cashless transactions, by Thursday.