Summary:
It means the moratorium will stay if the SLBC yields to the demands of the state. A report of the bankers had stated that they had given `48,000 crore in agri-loans last financial year. The minister said that the department will make a certificate issued by the department mandatory for availing agriculture gold loans. As per the provisions of the Act, in Kerala only paddy land was considered as agriculture land, it cannot be agreed on, he said. All lands pledged as security for availing the agriculture loans should be considered as agriculture land and this would be presented in the SLBC meeting to be held in the next week, he added..