‘Net weight of gold should be considered under loan waiver scheme’
The Hindu
Banks are saying they will take into account only the gross weight of jewellery mortaged, according to activist
A section of consumers has urged the government to consider the net weight, not the gross weight, of mortgaged jewellery, under its loan waiver scheme.
The loan waiver for gold jewellery below five sovereigns was among one of the key poll promises of the DMK.
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The Union and State governments provided support in several ways to the needy people, but private institutions should also extend help, especially to those requiring medical assistance, said C.P. Rajkumar, Managing Director, Nalam Multispeciality Hospital, here on Saturday. Speaking at a function to honour Inspector General of Police V. Balakrishnan and neurologist S. Meenakshisundaram with C. Palaniappan Memorial Award for their contribution to society and Nalam Kappom medical adoption of Type-1 diabetic children, he said the governments implemented numerous welfare programmes, but the timely help by a private hospital or a doctor in the neighbourhood to the people in need would go a long way in safeguarding their lives.
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