BATHINDA/FEROZEPUR: With reports of Punjab state cooperative agricultural development bank (PADB) preparing to make recovery of unpaid crop loan amounts from farmers and even preparing to issue arrest warrants after obtaining these from courts, farmer groups have started coming to fore to oppose such moves.
It is learnt that about 71,000 farmers owe over Rs 3,000 crores to agricultural development bank and the bank has paced up the recovery process. PADB has 89 branches in Punjab, and it is learnt that the bank authorities have started preparing lists of top defaulters in all the branches and even have got the arrest warrants of many farmers. The bank does not comes in the ambit of farm loan waiver scheme of the state government.
