Bijnor: The Cooperative Bank has issued notice on default of loan payments to more than 5,000 farmers in the Bijnor district of Uttar Pradesh, Harveer Dabas reports, as a precursor to the lender’s seizure of farmland that growers mortgaged. According to UP Sahakari Gram Vikas Bank, 5,116 farmers are paying around Rs 32 crore. Amit Tyagi, Assistant Registrar of the Bank said, “There are 5,116 defaulters who have borrowed. The bank has given them a notice. ”
Looking at the profile of these farmers, many of these “defaulters” are known to be sugarcane growers. And for the past several months, sugar factories have been waiting to clear their dues. The mills have yet to pay Rs 350 crore to farmers for tin crops, officials said. Asked about the payments this season, the mills said it had not yet accounted for the delay in the State Advisory Price (SAP) announcement.
Digambar Singh, state president of the youth wing of the Indian Kisan Union (BKU), said, “Banks are giving recovery notice to farmers who have failed to repay the loans. But the defaulters are not taking any action against the mill owner … the government should ask the mill owner to clear the dues. If farmers are being oppressed in the name of a recovery notice, we will start a movement. ”


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