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Pressure by banks leading to farmer deaths? Uttarakhand HC seeks replies from Centre, state, RBI

  • Pressure by banks leading to farmer deaths? Uttarakhand HC seeks replies from Centre, state, RBI

    Summary: NAINITAL: Uttarakhand high court (HC) on Wednesday sought replies from the central and state governments as well as RBI within 21 days on farmer deaths caused due to pressure mounted by banks for recovery of loans. His family members accused a public sector bank of harassment and mounting pressure on him to repay the loan. Today, the farmer is caught in a vicious debt cycle which often becomes the cause of his death. His family members said that he was under pressure to repay the loan taken from the Gramin Bank. Speaking to TOI, Sandeep Tiwari, counsel for the petitioner said, "We are thankful to the honourable court for taking up the matter.



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