Excelsior Correspondent
RAMBAN, Sept 2: Former Legislature from Ramban Ashok Kumar has urged upon the Lieutenant Governor (J&K) to waive off the Kissan Credit Card (KCC) loans of the farmers belonging to hilly districts of J&K as their crops have been damaged due to untimely precipitation, flash floods and draught during monsoon initial face.
In a press statement here Ex-MLA said that the helpless farmers are unable to pay their instalments. In addition, young labourers who work at different parts of country and also acts as a farmer during sowing and harvesting period could not help their families during prolonged lockdown under Covid-19 pandemic.
Ashok has said that the KCC was launched by NABARD and RBI to meet the financial requirement of the farmers related to crop production. He said that the scheme was launched to save the farmers from high interest rates by money lenders and brokers. In view of covid-19 situation, EMI was extended up to August 31, 2020, but now they have to pay instalments in upcoming months.
He stressed upon the Government of India and Jammu and Kashmir Administration to waive off the KCC loans. He also demanded to constitute a Agricultural Assessment Committee to review the impact on farmers from Covid-19 prolonged lockdown, natural calamities and livelihood of farmers in this particular region of J&K as they are under huge financial stress.
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