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Farmers agitate over Kharif loan in Aurangabad

Farmers agitate over Kharif loan in Aurangabad

Farmers across the district on Wednesday staged an agitation in front of the office of the Aurangabad District Central Co-Operative Bank for Kharif loan to the farmers. Farmers gathered in front of the head office of the bank at Adalat Road and held demonstration against the bank management for not issuing kharif loan to farmers. They alleged that due to numbers of conditions imposed by the banks, several farmers were still deprived to get crop loan and demanded that the bank cancel the conditions and issue the crop loans to the farmers who were facing financial problem.

Notably, this year the bank has given a target of Rs 396 crore for disbursement under the head of crop loans but due to the conditions, so far, a 20 per cent of loan amount disbursed till August.

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