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The Economic Times
The Economic Times
Trending Desk

Farmer denied Central govt subsidy on dairy loan: Federal Bank ordered to pay Rs 1.7 lakh; court says bank failed to give NABARD the claim details for nearly seven years

A Kerala consumer commission has ordered Federal Bank to pay Rs 1.76 lakh to a dairy farmer from Kannur after finding that the bank's own procedural failures prevented him from receiving a government subsidy he was fully eligible for under a central scheme designed to support livestock farmers.

The order, passed on 17 July 2026 by the District Consumer Disputes Redressal Commission, Kannur, carries a pointed finding: the farmer did not lose the subsidy because funds were unavailable. He lost it because his bank did not do its job.

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