KGF’s appeal to Finance Minister
The Hindu
It wants banks instructed to restructure loans
Karnataka Growers’ Federaton, an organisation of coffee planters in Hassan, Chikkamagaluru and Kodagu, has appealed to Union Finance Minister Nirmala Sitaraman to instruct banks to restructure the loans. A delegation of the federation led by president H.T. Mohan Kumar, secretary K.B. Krishnappa, Lok Sabha member Tejaswi Surya, and former MLA H.M. Vishwamanth met the Minister and submitted the memorandum on Friday. The planters said the Reserve Bank of India had instructed the nationalised and private banks to restructure loan accounts in the wake of natural disasters. However, several banks were hesitant to do so.A crowd comprising farmers, researchers, professors, students, and horticulture enthusiasts thronged the ICAR-Indian Institute of Horticultural Research (IIHR), Hesaraghatta, Bengaluru, on Friday for the inaugural ceremony of the Triphal Diversity Show which showcased 300 mango, 100 jackfruit, and 100 banana genotypes in collaboration with ICAR-National Research Centre for Banana, Tiruchirappalli.
The State government on Friday constituted a Special Investigation Team (SIT), headed by Additional Director-General of Police, Manish Kharbikar of the Economic Offences division of the Criminal Investigation Department (CID) to probe the alleged multi-crore scam in the government-run Maharshi Valmiki Scheduled Tribes Development Corporation.