Guidelines for Crop Loan Waiver Scheme for the farmers of Telangana State
Agriculture Department - Guidelines for Crop Loan
Waiver Scheme for the farmers of Telangana
State
GENERAL ADMINISTRATION (CABINET) DEPARTMENT
G.O.Rt.No.592 Dated:17.09.2014 Read :-
G.O.Rt.No.69, Agriculture
& Co-Op (Agri.II) Dept., Dt: 13.8.2014
****
ORDER:
Government has decided to constitute a Cabinet
Sub-Committee/Group
of Ministers on Crop Loan Waiver Scheme for the farmers of
Telangana State
with the following Members:-
1. Sri Pocharam Srinivas Reddy
Minister for
Agriculture, Horticulture, Sericulture,
Animal Husbandry,
Fisheries, Dairy Development
Corp., Seeds
Corporation …….. Chairman
2. Sri Etela Rajender
Minister for Finance
& Plannning, Small Savings,
State Lotteries,
Consumer Affairs, Legal Metrology,
Civil Supplies ……
Member
3. Sri T. Harish Rao
Minister for
Irrigation,
Marketing and
Legislative Affairs ….. Member
4. Sri K T Rama Rao
Minister for
Panchayat Raj & IT ..… Member
5. Sri G. Jagadish Reddy
Minister for
Education …… Member
6. Sri Jogu Ramanna
Minister for Forest
and Environment ……. Member
7. Sri P. Mahender Reddy
Minister for
Transport ….. Member
2. The Principal Secretary to Government, Agriculture and
Cooperation
Department shall be the convener for the above Committee.
3. The following are the terms of references for the above
Cabinet Sub- Committee;
1) Review the process of loan waiver as ordered by the
Government of
Telangana, vide G.O.
read above under reference and recommend
detailed methodology of implementation before 30th
September, 2014.
2) To recommend mode of financing of the proposed loan
waiver in order
to enable every
loanee to be eligible for drawl of loan this year to the
extent they have
borrowed in the previous year.
3) To explore the option of issue of bonds and other
instruments to
the farmers directly or to incorporate a SPV for this
purpose and
detailed process thereof
4) To identify alternate financial resources to meet the
entire amount
required for the loan
waiver, including transfer of other assets to a
SPV.
5) To explore the possibility of securitization of any other
available
assets and recommend method of financing the loan waiver.
4. The Sub-Committee shall submit its recommendations before
20th September, 2014 to the Government.
(BY ORDER AND IN THE
NAME OF THE GOVERNOR OF TELANGANA)
DR. RAJIV SHARMA, CHIEF SECRETARY TO GOVERNMENT.
------------------------------------------------------
AGRICULTURE AND COOPERATION (AGRI.II) DEPARTMENT
G.O.Rt.No.69 Dated: 13-08-2014.
ORDER:
Agriculture sector in
Telangana while contributing 14 percent of the Gross State Domestic Product
provides direct and indirect employment to over 50 percent of the rural
population. Thus, the agriculture sector with a small share in GSDP provides
subsistence livelihood to a large section of population. Majority of farm
families are small and marginal. Agriculture sector in the State is
characterized by stagnation, low productivity, frequent occurrence of droughts
and low levels of public and private investments. Infusion of investment is the
surest way to enhance agricultural productivity, which besides breaking the
vicious cycle of rural poverty could also address the macroeconomic problem of
persistent high food inflation.
Taking into account the
plight of the farmers in the State, the new Government of the State of Telangana
Scope of the Crop Loan
Waiver Scheme and Eligible Amount
This scheme will cover short term production loans,
and crop loans against gold, disbursed to farmers in the Telangana State
The eligible amount for debt waiver would be
limited to the amount of loan (together with applicable interest), which is
disbursed and outstanding as of 31st of March, 2014 or Rs.1,00,000
per farmer family whichever is lower. The farmer family is defined as head of
the family, spouse and dependent children.
The
following loans/accounts shall not be eligible under the Crop Loan Waiver
Scheme.
a)
Advances
against pledge or hypothecation of agriculture produce other than standing crop
b)
Tied loans
c)
Closed crop loan accounts
Short term production loan means a loan given in
connection with the raising of crops which is to be repaid within 18 months. It
will include working capital loan, for traditional and non-traditional
plantation and horticulture.
Implementation Guidelines of
the Scheme
a) Preparation of list of farmers with outstanding
crop loan dues and arriving at the amount of claim
i) Each lending institution – bank branch - which
has disbursed short term crop loans to farmers shall prepare village-wise list
of farmers with outstanding crop loan dues as on March 31, 2014 in the
prescribed format (Annexure-A).
ii) Each lending institution, shall also prepare a
village-wise list of farmers who have outstanding dues as on March 31, 2014 in
respect of crop loans taken against gold in the prescribed format (Annexure-B).
iii) The list of
farmers in Annexure-A and Annexure-B should be compared by the Bank Branch
Manager and a final list of farmers who have outstanding crop loan and limited
to a maximum extent of Rs.1.00 lakh should be prepared by the Bank Branch
Manager in the format designed in
Annexure-C. One copy of Annexure-A, B, C should be sent by the Bank Branch
Manager each to LDM and District Collector.
iv) Some of the
farmers might have taken crop loan/agriculture gold loan for crops from more
than one bank branch of same bank or another bank. Hence, for eliminating the
duplication/multiple financing and restricting the benefit of loan waiver of
Rs.1.00 lakh per farmer family, a Bankers meeting at Mandal level will be
convened by the JMLBC (Joint Mandal Level Bankers Committee) Convener. At the JMLBC meeting all the Banks will come
with the lists of eligible farmers prepared in the proforma as in Annexure-A, B
& C prescribed by the Government, and compare the list of farmers in Annexure-
C with Annexure- C list of other bank branches in the mandal belonging to all
the other banks (commercial, rural, cooperative). The mandal Tahsildar will also check all
names in Annexure- C of all banks in the mandal and will verify if there are
any fake pattadar pass books and also if all loanees have farm land. After this verification any false claims will
be deleted. Then the farmer family who
have availed loans from more than one bank branch will be identified by the
JLMBC members. Their details will be
recorded by the JLMBC in Annexure- D.
The Co-op. Dept. auditors under the supervision of District Co-op. Audit
Officer shall cross verify the A, B, C with D list pertaining to PACs and
DCCBs. The DCAO shall allot the auditors
to Mandals under his jurisdiction under intimation to the District
Collector. A senior officer not below the
rank of Deputy Collector and nominated by the District Collector will be the
observer for this meeting. The
Annexure-D thus prepared in JLMBC will be shared by all bank branches at the
mandal level.
v) After comparing
and deleting farmer family who have taken loan in more than one bank branch
(Comparing Annexure C and D) each bank will prepare Annexure-E. It is to be noted that if a farmer family has
multiple accounts but overall outstanding for crop loan is less than Rs.1.00
lakh, then their name will not be deleted.
In case outstanding crop loan is more than Rs.1.00 lakh, then the name
will be retained in the bank where the farmer family first availed the crop
loan or where the outstanding amount is higher, the latter being the first
priority. Annexure-E will be the final
list of farmers bank branch wise who will be eligible for loan waiver.
vi) Annexure-E will
be exhibited village wise and social audit conducted by a team consisting of
MPDO, Tahsildar, AR (SDLCO)/Sl.& Branch Manager or his representative. After conduct of social audit and finalization
of all objections received the final list of farmers bank branch wise will be
prepared in Annexure-E (final). After
the social audit and after taking into account the
objections of villages, if any, a final village-wise list of eligible farmers
along with the amount eligible for waiver
shall be prepared Annexure ‘E’ and displayed at all bank branches after
due authentication. The final list shall be sent to the LDM and the District
Collector in Annexure-E.
vii) A District
Level Bankers’ meeting will be convened (DCC) by the LDM and district details
of loan waiver bank wise, farmer wise will be recorded and sent to SLBC in
Annexure-E. SLBC will intimate Bank
wise, Branch wise farmers eligible amounts to be released to the Government in
Annexure-E.
b) Claim reimbursement by the Government to the
lending institutions
i) The final list shall be consolidated
village-wise and district- wise by convening a meeting of the District Level
Bankers’ Committee. After consolidating all such lists from the districts, the
banks would need to raise a claim with the Government, which would be
reimbursed to the banks.
ii) After adjustment of loan waiver amount by the
State Government, each branch shall certify the amount of outstanding crop
loans waived after duly crediting the amounts in the crop loan accounts of
farmers. Before crediting the amount, an undertaking should be taken from the
farmer in that he shall repay the amount of waiver if it is found subsequently
that he/she has fraudulently obtained the crop loan or is found not eligible
for crop loan waiver under the Scheme. A
certificate of loan waiver in Annexure ‘F’ shall also be issued by the bank
branch to each farmer, whose outstanding loan has been waived. The amount of
loan waiver shall be consolidated bank-wise for the entire State.
iii) A meeting of the JMLBC shall be convened
within one month of the completion of procedures laid down in i) and ii) above.
Audit
After the completion of procedures in i) and ii)
above, the auditors of the Cooperation Department shall take up the audit of
Primary Agricultural Cooperative Societies to ensure accuracy of the waiver
amounts and shall submit the audit report to the Chief Auditor. The books of
accounts of every lending institution that has granted crop loan waiver shall
be subject to an audit in accordance with the usual procedure prescribed by RBI
/ NABARD. The audit may be conducted by concurrent auditors, statutory auditors
or special auditors.
Obligations
of lending institutions
Every lending institution shall be responsible for
the correctness and integrity of the list of farmers eligible under the scheme
and the particulars of crop loan waiver in respect of each farmer. Every
document maintained, every list prepared and ever certificate issued by a
lending institution for the purpose of the scheme shall bear the signature of
an authorised officer of the lending institution.
Monitoring and Grievance Redressal
There will also be a suitable monitoring and
grievance redressal mechanism established at Mandal, District and State levels
and every representation has to be disposed off within 30 days. Detailed orders in this regard would be
issued separately.
Fresh
Lending and agriculture campaign
Since the eligibility for loan waiver is decided
based on the outstanding crop loan as on March 31, 2014, along with the
interest on it computed up to the date of implementation to be notified by the
State Government, and the liability will be taken over by the State Government.
All the bankers should commence fresh lending of crop loans immediately. For clarity, it is reiterated that the
eligible loan amount as computed by following the prescribed procedure shall be
reimbursed irrespective of its renewal subsequent to 31-03-2014.
(BY ORDER AND IN THE NAME OF
THE GOVERNOR OF TELANGANA)
POONAM MALAKONDAIAH,
APC &
PRINCIPAL SECRETARY TO GOVERNMENT.
Sl.
No
|
Farmer Name
|
Father/ Husband
Name
|
Aadhaar number of
the farmer
|
Name of the Bank
Branch
|
Loan A/c No.
|
Name of the
Village of the farmer
|
Name of the
Mandal of the farmer
|
Date of
Disbursement of Crop Loan
|
Crop Loan amount
outstanding as on
31-3-14 in (Rs.)
|
Eligible amount
(Maximum of Rs.1.00 lakh)
|
|||
Surname
|
Name
|
Principal
(a)
|
Interest +other charges
(b)
|
Total
(c)
|
|||||||||
1
|
2
|
3
|
4
|
5
|
6
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7
|
8
|
9
|
10
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11
|
12
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13
|
14
|
Annexure-B:
Agriculture Gold Loan for Crop
Sl.
No
|
Farmer Name
|
Father/ Husband
Name
|
Aadhaar number of
the farmer
|
Name of the Bank
Branch
|
Loan A/c No.
|
Name of the
Village of the farmer
|
Name of the
Mandal of the farmer
|
Date of
Disbursement of Agr. Gold Loan for crop
|
Crop Gold Loan
amount outstanding as on 31-03-14
In (Rs.)
|
Eligible amount
(Maximum of Rs.1.00 lakh)
|
|||
Surname
|
Name
|
Principal
(a)
|
Interest + other
charge
(b)
|
Total
(c)
|
|||||||||
1
|
2
|
3
|
4
|
5
|
6
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7
|
8
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9
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10
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11
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12
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13
|
14
|
Annexure-C: Crop Loan + Agri. Gold Loan for crops
Sl.
No
|
Farmer Name
|
Father/ Husband
Name
|
Aadhaar number of
the farmer
|
Name of the Bank
Branch
|
Loan A/c No.
|
Name of the
Village of farmer
|
Name of the
Mandal of farmers
|
Date of
Disburse-ment of Crop Loan + AGL
|
Crop Loan +
AGL for crop amount outstanding as on
31-03-14
|
Agr. Gold Loan
for crop in (Rupees)
|
Gr. Total
|
Eligible amount
(Maximum of Rs.1.00 lakh)
|
|||||||
Surname
|
Name
|
CL
(a)
|
AGL
(b)
|
CL
(a)
|
AGL
(b)
|
Prl
(a)
|
Int. + other charge (b)
|
Total
(c)
|
Prl
(a)
|
Int. + other charge (b)
|
Total
(c)
|
(13+17)
|
|||||||
1
|
2
|
3
|
4
|
5
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6
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7
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8
|
9
|
10
|
11
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12
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13
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14
|
15
|
16
|
17
|
18
|
19
|
20
|
- Other charges mean: (a) Crop Insurance,
(b) Other
Insurance charges;
(c) Notice charges
Annexur-D:
List of farmers who have crop loan / Agri Gold Loan for crops in more than one
bank branch.
Sl.
No
|
Farmer Name
|
Father/ Husband
Name
|
Aadhaar number of
the farmer
|
Name of the Bank
Branch
|
Loan A/c No.
|
Crop Loan
(in Rs.) Interest
and other charges
|
Agri Gold Loan
for crop (in Rs.) Interest and other charges
|
Eligible amount
Total Crop Loan +
Agl. Gold
Loan in (Rs.)
|
||
Surname
|
Name
|
CL
|
AGL
|
|||||||
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
(a)
(b)
(c)
|
(a)
(b)
(c)
|
(a)
(b)
(c)
|
(a)
(b)
(c)
|
|||||||
Annexure-E:
Sl.
No
|
Farmer Name
|
Father/ Husband Name
|
Aadhaar number of the farmer
|
Name of the Bank/ Branch
|
Loan A/c No.
|
Crop Loan Amount
|
Agl. Gold Loan Amount
|
Total Crop
Loan +
AGL
Amount
|
Eligible Amount CL + AGL limited to Rs.1.00
lakh
|
|
Surname
|
Name
|
|||||||||
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
10
|
11
|
Annexure
– F
Certificate
of Loan Waiver to be issued to Farmer
Name of the Bank
______________________________ Branch___________________
Certified that the Loan amount
pertaining to the following Farmers has been waived as per the G.O.Ms.No.
________________ dated_________________ the details of which are as under
Name of the
Farmer:_________________________________________
Name of
Father/Husband:_____________________________________
Village and
Mandal:__________________________________________
District:____________________________________________________
Loan A/c
No:________________________________________________
Type of Loan: Crop Loan / Agriculture Gold Loan
Amount of Loan
waived
Principle:__________________Interest__________________
Total: ________________________
|
It is certified that
the benefits of waiver as above has been
extended to you under the captioned scheme as per eligibility.
Signature
of Branch Manager
Date:
Received the above certificate.
Farmer’s Signature/LTI
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