Haryana announces One Time Settlement scheme 2022 for indebted farmers

| | Chandigarh
  • 0

Haryana announces One Time Settlement scheme 2022 for indebted farmers

Saturday, 06 August 2022 | PNS | Chandigarh

Haryana Government on Friday announced One Time Settlement (OTS) scheme 2022 for the indebted farmers and members of cooperative credit consumers.

 

State Cooperative Minister Banwari Lal said that In the scheme announced for the loanee members of the District Primary Co-operative Agriculture and Rural Development Bank, 100 percent rebate in the overdue interest will be provided mainly in the loan account of the deceased borrowers till March 31, 2022. For this, 100% waiver of overdue interest will be provided by the heirs of the deceased borrower on depositing the entire principal amount in the loan account and penalty interest and other expenses will also be waived, he added.

The Cooperation Minister said that the total number of dead loan holders of the bank is 17,863 whose total amount is Rs. 445.29 crore including principal amount of Rs. 174.38 crore and interest of Rs. 241.45 crore and panel interest of Rs. 29.46 crore. Apart from this, 50 percent interest will also be given to all other overdue borrowers under OTS Scheme-2022 and their penalty interest and other expenses will also be waived. This scheme will be applicable on all types of loans of the bank. According to the scheme, if the loan holder could not pay his loan due to any reason and was declared a defaulter by the bank on March 31, 2022 he can take advantage of this scheme.

State Editions

Rs 25 crore vanish in Capital’s largest jewellery heist

27 September 2023 | Staff Reporter | Delhi

2 stab friend to death, extort Rs 2 lakh from family; 1 held

27 September 2023 | Staff Reporter | Delhi

Video of man lighting bidi in Metro goes viral

27 September 2023 | Staff Reporter | Delhi

Guidelines soon for timely assistance to electrocution victims

27 September 2023 | Staff Reporter | Delhi

HC raps man for claiming ownership of elephant

27 September 2023 | Staff Reporter | Delhi

Sunday Edition

Environmental awakening | Gadgil's revealing memoirs

24 September 2023 | Kumar Chellappan | Agenda

‘Low-income nations ill-equipped for CVD fight’

24 September 2023 | Archana Jyoti | Agenda

Health BRIEFS

24 September 2023 | PNS | Agenda

DECODED: How toxic proteins accumulate in Alzheimer's, Parkinson's?

24 September 2023 | The HEALTH PIONEER | Agenda

Astroturf | Dharana leads to Dhyana

24 September 2023 | Bharat Bhushan Padmadeo | Agenda

India’s healthcare in uncertain times

24 September 2023 | Dipanshu Nijanandi | Agenda