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The Hindu
The Hindu
National
The Hindu Bureau

Banks withholding input subsidies paid to farmers for their crop loss, alleges KPRS

Taking exception to banks withholding input subsidies that the government had paid farmers for the crop loss in the recent floods, Sharanabasappa Mamshetty, district president of Karnataka Pranta Raitha Sangha (KPRS), said that the very purpose of the input subsidy payment was being defeated.

Addressing a press conference in Kalaburagi on Monday, he demanded that the Deputy Commissioner and the Chief Executive Officer of the zilla panchayat intervene in the issue and ensure that the entire amount of input subsidy paid by the government was available for withdrawal.

“The government is directly paying the amount in the bank accounts of the beneficiary farmers and the banks are withholding the amount on the pretext that the farmers have not repaid the previous loan amount borrowed. The Deputy Commissioner and the ZP CEO should take it seriously and direct all the bank managers to allow the farmers to withdraw the entire amount of input subsidy,” Mr. Mamshetty said.

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