Muzaffarnagar. There is good news for the borrowing farmers of Uttar Pradesh Sahakari Gram Vikas Limited. Before the year 2013, 1772 farmers who have not yet paid by taking loans can take advantage of the single settlement scheme. Apart from this, a 30 percent interest discount will be given to family members of farmers who died after taking a loan between March 31, 2013 and June 30, 2020.
Uttar Pradesh Sahakari Gram Vikas Bank Ltd. Senior Manager Shivsharan Singh said the government has implemented a one-stop-shop scheme to lighten the burden on farmers and improve the condition of banks. Under the government rules, 1772 farmers have been identified from the outstanding farmers in the district, who meet the conditions to benefit from this scheme. He called on farmers to take advantage of this scheme. Banks will take RC, warrant, arrest, lien and auction action against delinquent farmers who are not covered by OTS.
Such farmers can avoid the action and the additional five percent collection fee by depositing their dues. These are eligible for the scheme: farmers who have taken a loan on or before March 31, 2013. Farmers who took out a loan after April 1, 2013 and died before June 30, 2020 can benefit from this plan to close their loan account.
