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Moratorium on Farm Loans Sought

THIRUVANANTHAPURAM: Opposition Leader V S Achuthanandan has demanded a moratorium on farm loans taken from scheduled banks, which he said constituted 65 percent of loans availed of by farmers

Published: 20th January 2012 05:43 AM  |   Last Updated: 16th May 2012 06:18 PM   |  A+A-

THIRUVANANTHAPURAM: Opposition Leader V S Achuthanandan has demanded a moratorium on farm loans taken from scheduled banks, which he said constituted 65 percent of loans availed of by farmers in Wayanad district.

 He said in a statement that 12 out of 28 farmers who committed suicide in the past three months belonged to Wayanad.

 Despite the State Government’s assurance that attachment measures have been stopped and moratorium declared on debts recovery, tahsildars were still issuing recovery notices to farmers, Achuthanandan said.



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