Summary:
BATHINDA: Seven farmers’ organisations of Punjab will start an indefinite protest from Monday against state-level bankers committee (SLBC), which presently is headed by zonal manager of Punjab National Bank at Ludhiana.The farmer organisations want the banks to stop the practice of obtaining blank cheques from farmers while advancing loans . On January 30, the farm organisations had handed over a memorandum to SLBC officials, which said if their demands were not met, they would start an indefinite protest from February 18.“The farm debt waiver offered by Punjab government is half-hearted. They also want the banks to return the cheques already obtained from farmers. It does not legally protect aggrieved farmers, who fail to repay the loans. This is unfair banking practice that needs to be stopped,” said Jagmohan Singh, general secretary of BKU Dakonda..