Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 73,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'catslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 73,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [[maximum depth reached]]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/banks-finally-give-debt-relief-to-ap-government-4674112/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/banks-finally-give-debt-relief-to-ap-government-4674112/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'catslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 74,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'artileslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 74,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [[maximum depth reached]]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/banks-finally-give-debt-relief-to-ap-government-4674112/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/banks-finally-give-debt-relief-to-ap-government-4674112/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'artileslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-trace').style.display = (document.getElementById('cakeErr67f83f5da4b1f-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f83f5da4b1f-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-code').style.display = (document.getElementById('cakeErr67f83f5da4b1f-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-context').style.display = (document.getElementById('cakeErr67f83f5da4b1f-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f83f5da4b1f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f83f5da4b1f-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 26074,
		&#039;title&#039; =&gt; &#039;Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The New Indian Express
&lt;/div&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
&lt;/p&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;banks-finally-give-debt-relief-to-ap-government-4674112&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4674112,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 26074,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The New Indian Express


&amp;nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The New Indian Express&lt;/div&gt;&lt;p align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.&lt;/p&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 26074,
	&#039;title&#039; =&gt; &#039;Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The New Indian Express
&lt;/div&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
&lt;/p&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;banks-finally-give-debt-relief-to-ap-government-4674112&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4674112,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {},
		(int) 4 =&gt; object(Cake\ORM\Entity) {},
		(int) 5 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 26074
$metaTitle = &#039;LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government&#039;
$metaKeywords = &#039;Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture&#039;
$metaDesc = &#039;
-The New Indian Express


&amp;nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The New Indian Express&lt;/div&gt;&lt;p align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.&lt;/p&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/banks-finally-give-debt-relief-to-ap-government-4674112.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government | Im4change.org</title>
    <meta name="description" content="
-The New Indian Express


&nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Banks Finally Give ‘Debt Relief’ to AP Government</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-The New Indian Express</div><p align="justify">&nbsp;</p><p align="justify"><em>HYDERABAD: </em>In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.</p><p align="justify">The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.</p><p align="justify">The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.</p><p align="justify">Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.</p><p align="justify">Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&quot;</p><p align="justify">However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.</p><p align="justify">&quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&quot; he said.</p><p align="justify">He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.</p><p align="justify">&quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&quot; he asserted.</p><p align="justify">He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &quot;The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&quot; said a senior bank official.</p><p align="justify">While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.</p><p align="justify">He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.</p><p align="justify">Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.</p><p align="justify">AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.</p>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$maxBufferLength = (int) 8192
$file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php'
$line = (int) 853
$message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Code Context
            $response->getStatusCode(),

            ($reasonPhrase ? ' ' . $reasonPhrase : '')

        ));
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-trace').style.display = (document.getElementById('cakeErr67f83f5da4b1f-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f83f5da4b1f-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-code').style.display = (document.getElementById('cakeErr67f83f5da4b1f-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-context').style.display = (document.getElementById('cakeErr67f83f5da4b1f-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f83f5da4b1f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f83f5da4b1f-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 26074,
		&#039;title&#039; =&gt; &#039;Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The New Indian Express
&lt;/div&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
&lt;/p&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;banks-finally-give-debt-relief-to-ap-government-4674112&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4674112,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 26074,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The New Indian Express


&amp;nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The New Indian Express&lt;/div&gt;&lt;p align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.&lt;/p&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 26074,
	&#039;title&#039; =&gt; &#039;Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The New Indian Express
&lt;/div&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
&lt;/p&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;banks-finally-give-debt-relief-to-ap-government-4674112&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4674112,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {},
		(int) 4 =&gt; object(Cake\ORM\Entity) {},
		(int) 5 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 26074
$metaTitle = &#039;LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government&#039;
$metaKeywords = &#039;Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture&#039;
$metaDesc = &#039;
-The New Indian Express


&amp;nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The New Indian Express&lt;/div&gt;&lt;p align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.&lt;/p&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/banks-finally-give-debt-relief-to-ap-government-4674112.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government | Im4change.org</title>
    <meta name="description" content="
-The New Indian Express


&nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Banks Finally Give ‘Debt Relief’ to AP Government</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-The New Indian Express</div><p align="justify">&nbsp;</p><p align="justify"><em>HYDERABAD: </em>In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.</p><p align="justify">The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.</p><p align="justify">The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.</p><p align="justify">Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.</p><p align="justify">Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&quot;</p><p align="justify">However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.</p><p align="justify">&quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&quot; he said.</p><p align="justify">He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.</p><p align="justify">&quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&quot; he asserted.</p><p align="justify">He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &quot;The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&quot; said a senior bank official.</p><p align="justify">While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.</p><p align="justify">He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.</p><p align="justify">Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.</p><p align="justify">AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.</p>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$reasonPhrase = 'OK'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Code Context
                    $value

                ), $first);

                $first = false;
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-trace').style.display = (document.getElementById('cakeErr67f83f5da4b1f-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f83f5da4b1f-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-code').style.display = (document.getElementById('cakeErr67f83f5da4b1f-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f83f5da4b1f-context').style.display = (document.getElementById('cakeErr67f83f5da4b1f-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f83f5da4b1f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f83f5da4b1f-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 26074,
		&#039;title&#039; =&gt; &#039;Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The New Indian Express
&lt;/div&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
&lt;/p&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;banks-finally-give-debt-relief-to-ap-government-4674112&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4674112,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 26074,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The New Indian Express


&amp;nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The New Indian Express&lt;/div&gt;&lt;p align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.&lt;/p&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 26074,
	&#039;title&#039; =&gt; &#039;Banks Finally Give ‘Debt Relief’ to AP Government&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The New Indian Express
&lt;/div&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;nbsp;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
&lt;/p&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;banks-finally-give-debt-relief-to-ap-government-4674112&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4674112,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {},
		(int) 4 =&gt; object(Cake\ORM\Entity) {},
		(int) 5 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 26074
$metaTitle = &#039;LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government&#039;
$metaKeywords = &#039;Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture&#039;
$metaDesc = &#039;
-The New Indian Express


&amp;nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The New Indian Express&lt;/div&gt;&lt;p align=&quot;justify&quot;&gt;&amp;nbsp;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;em&gt;HYDERABAD: &lt;/em&gt;In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers&#039; Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers&#039; Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday&#039;s cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &amp;quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&amp;quot;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&amp;quot; he said.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&amp;quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&amp;quot; he asserted.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &amp;quot;The banks will not come into the picture either in the government&#039;s debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&amp;quot; said a senior bank official.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.&lt;/p&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/banks-finally-give-debt-relief-to-ap-government-4674112.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government | Im4change.org</title>
    <meta name="description" content="
-The New Indian Express


&nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Banks Finally Give ‘Debt Relief’ to AP Government</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div align="justify">-The New Indian Express</div><p align="justify">&nbsp;</p><p align="justify"><em>HYDERABAD: </em>In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.</p><p align="justify">The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.</p><p align="justify">The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.</p><p align="justify">Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.</p><p align="justify">Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&quot;</p><p align="justify">However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.</p><p align="justify">&quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&quot; he said.</p><p align="justify">He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.</p><p align="justify">&quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&quot; he asserted.</p><p align="justify">He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &quot;The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&quot; said a senior bank official.</p><p align="justify">While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.</p><p align="justify">He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.</p><p align="justify">Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.</p><p align="justify">AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.</p>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$cookies = []
$values = [
	(int) 0 => 'text/html; charset=UTF-8'
]
$name = 'Content-Type'
$first = true
$value = 'text/html; charset=UTF-8'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

<head>

    <link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>

    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>

$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
$dataForView = [
	'article_current' => object(App\Model\Entity\Article) {

		'id' => (int) 26074,
		'title' => 'Banks Finally Give ‘Debt Relief’ to AP Government',
		'subheading' => '',
		'description' => '<div align="justify">
-The New Indian Express
</div>
<p align="justify">
&nbsp;
</p>
<p align="justify">
<em>HYDERABAD: </em>In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
</p>
<p align="justify">
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
</p>
<p align="justify">
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
</p>
<p align="justify">
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
</p>
<p align="justify">
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&quot;
</p>
<p align="justify">
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
</p>
<p align="justify">
&quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&quot; he said.
</p>
<p align="justify">
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
</p>
<p align="justify">
&quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&quot; he asserted.
</p>
<p align="justify">
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &quot;The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&quot; said a senior bank official.
</p>
<p align="justify">
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
</p>
<p align="justify">
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
</p>
<p align="justify">
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
</p>
<p align="justify">
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
</p>',
		'credit_writer' => 'The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece',
		'article_img' => '',
		'article_img_thumb' => '',
		'status' => (int) 1,
		'show_on_home' => (int) 1,
		'lang' => 'EN',
		'category_id' => (int) 16,
		'tag_keyword' => '',
		'seo_url' => 'banks-finally-give-debt-relief-to-ap-government-4674112',
		'meta_title' => null,
		'meta_keywords' => null,
		'meta_description' => null,
		'noindex' => (int) 0,
		'publish_date' => object(Cake\I18n\FrozenDate) {},
		'most_visit_section_id' => null,
		'article_big_img' => null,
		'liveid' => (int) 4674112,
		'created' => object(Cake\I18n\FrozenTime) {},
		'modified' => object(Cake\I18n\FrozenTime) {},
		'edate' => '',
		'tags' => [
			[maximum depth reached]
		],
		'category' => object(App\Model\Entity\Category) {},
		'[new]' => false,
		'[accessible]' => [
			[maximum depth reached]
		],
		'[dirty]' => [[maximum depth reached]],
		'[original]' => [[maximum depth reached]],
		'[virtual]' => [[maximum depth reached]],
		'[hasErrors]' => false,
		'[errors]' => [[maximum depth reached]],
		'[invalid]' => [[maximum depth reached]],
		'[repository]' => 'Articles'
	
	},
	'articleid' => (int) 26074,
	'metaTitle' => 'LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government',
	'metaKeywords' => 'Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture',
	'metaDesc' => '
-The New Indian Express


&nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...',
	'disp' => '<div align="justify">-The New Indian Express</div><p align="justify">&nbsp;</p><p align="justify"><em>HYDERABAD: </em>In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.</p><p align="justify">The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.</p><p align="justify">The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.</p><p align="justify">Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.</p><p align="justify">Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&quot;</p><p align="justify">However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.</p><p align="justify">&quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&quot; he said.</p><p align="justify">He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.</p><p align="justify">&quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&quot; he asserted.</p><p align="justify">He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &quot;The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&quot; said a senior bank official.</p><p align="justify">While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.</p><p align="justify">He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.</p><p align="justify">Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.</p><p align="justify">AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.</p>',
	'lang' => 'English',
	'SITE_URL' => 'https://im4change.in/',
	'site_title' => 'im4change',
	'adminprix' => 'admin'
]
$article_current = object(App\Model\Entity\Article) {

	'id' => (int) 26074,
	'title' => 'Banks Finally Give ‘Debt Relief’ to AP Government',
	'subheading' => '',
	'description' => '<div align="justify">
-The New Indian Express
</div>
<p align="justify">
&nbsp;
</p>
<p align="justify">
<em>HYDERABAD: </em>In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.
</p>
<p align="justify">
The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.
</p>
<p align="justify">
The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.
</p>
<p align="justify">
Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.
</p>
<p align="justify">
Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&quot;
</p>
<p align="justify">
However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.
</p>
<p align="justify">
&quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&quot; he said.
</p>
<p align="justify">
He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.
</p>
<p align="justify">
&quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&quot; he asserted.
</p>
<p align="justify">
He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &quot;The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&quot; said a senior bank official.
</p>
<p align="justify">
While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.
</p>
<p align="justify">
He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.
</p>
<p align="justify">
Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.
</p>
<p align="justify">
AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.
</p>',
	'credit_writer' => 'The New Indian Express, 1 October, 2014, http://www.newindianexpress.com/states/andhra_pradesh/Banks-Finally-Give-%E2%80%98Debt-Relief%E2%80%99-to-AP-Government/2014/10/01/article2457549.ece',
	'article_img' => '',
	'article_img_thumb' => '',
	'status' => (int) 1,
	'show_on_home' => (int) 1,
	'lang' => 'EN',
	'category_id' => (int) 16,
	'tag_keyword' => '',
	'seo_url' => 'banks-finally-give-debt-relief-to-ap-government-4674112',
	'meta_title' => null,
	'meta_keywords' => null,
	'meta_description' => null,
	'noindex' => (int) 0,
	'publish_date' => object(Cake\I18n\FrozenDate) {},
	'most_visit_section_id' => null,
	'article_big_img' => null,
	'liveid' => (int) 4674112,
	'created' => object(Cake\I18n\FrozenTime) {},
	'modified' => object(Cake\I18n\FrozenTime) {},
	'edate' => '',
	'tags' => [
		(int) 0 => object(Cake\ORM\Entity) {},
		(int) 1 => object(Cake\ORM\Entity) {},
		(int) 2 => object(Cake\ORM\Entity) {},
		(int) 3 => object(Cake\ORM\Entity) {},
		(int) 4 => object(Cake\ORM\Entity) {},
		(int) 5 => object(Cake\ORM\Entity) {}
	],
	'category' => object(App\Model\Entity\Category) {},
	'[new]' => false,
	'[accessible]' => [
		'*' => true,
		'id' => false
	],
	'[dirty]' => [],
	'[original]' => [],
	'[virtual]' => [],
	'[hasErrors]' => false,
	'[errors]' => [],
	'[invalid]' => [],
	'[repository]' => 'Articles'

}
$articleid = (int) 26074
$metaTitle = 'LATEST NEWS UPDATES | Banks Finally Give ‘Debt Relief’ to AP Government'
$metaKeywords = 'Debt,Debt Relief,debt waiver scheme,Farmers,farming,Agriculture'
$metaDesc = '
-The New Indian Express


&nbsp;


HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible...'
$disp = '<div align="justify">-The New Indian Express</div><p align="justify">&nbsp;</p><p align="justify"><em>HYDERABAD: </em>In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers.</p><p align="justify">The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening.</p><p align="justify">The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans.</p><p align="justify">Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers.</p><p align="justify">Earlier, at the SLBC meeting, the AP government told the banks it was only asking for &quot;restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years.&quot;</p><p align="justify">However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra.</p><p align="justify">&quot;Reluctance was observed even in case of high value loan accounts and from term loan borrowers,&quot; he said.</p><p align="justify">He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested.</p><p align="justify">&quot;The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable,&quot; he asserted.</p><p align="justify">He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. &quot;The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer,&quot; said a senior bank official.</p><p align="justify">While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever.</p><p align="justify">He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open.</p><p align="justify">Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request.</p><p align="justify">AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.</p>'
$lang = 'English'
$SITE_URL = 'https://im4change.in/'
$site_title = 'im4change'
$adminprix = 'admin'

include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51

Banks Finally Give ‘Debt Relief’ to AP Government

-The New Indian Express   HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers. The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally conveyed its nod this evening. The AP government had on September 29 offered to pay `5000-7000 crore of the total outstanding crop loans to banks through the proposed Farmers' Empowerment Corporation. Now, with the bankers giving the green signal, farmers can apply for fresh loans. Finance Minister Yanamala Ramakrishnudu said the SLBC decision would be discussed at Wednesday's cabinet meeting and a final decision taken on the loan waiver scheme. He said it was not a waiver and the whole commitment of the government was aimed at providing debt relief to farmers. Earlier, at the SLBC meeting, the AP government told the banks it was only asking for "restructuring and rescheduling to clear outstanding crop loans in an incremental way in four-five years." However, the bankers asked it to put in place revenue recovery system with regard to the agriculture sector. The farmers were continuing to demonstrate their reluctance to repay crop loans and other agricultural term loans following the debt waiver scheme announced by the government, complained Andhra Bank executive director SK Kalra. "Reluctance was observed even in case of high value loan accounts and from term loan borrowers," he said. He said since the government was contemplating payment of 20 per cent of the eligible amount as immediate relief to the farmers, the need of the hour was to educate them on timely repayment and renewal of loans, he suggested. "The bankers strongly believe agriculture should be a profitable business and farmers should not be made to look at waivers. Instead, they may be provided with necessary inputs, forward and backward linkages, to make agriculture profitable," he asserted. He asked the AP government to set up a second Debts Recovery Tribunal to speed up recovery process in high volume loans and clear pending cases. "The banks will not come into the picture either in the government's debt waiver scheme or in the issuance of bonds as both measures are a matter between the government and the farmer," said a senior bank official. While expressing displeasure over disbursal of kharif loans, the Finance Minister said as per the data available with the government, disbursal of kharif loans stood at 38 per cent of the target in the first quarter which is the lowest ever. He said the proposed corporation would repay existing loans of farmers to the banks and ensure that the credit line remains open. Meanwhile, the SLBC has urged insurance companies to extend crop insurance for kharif season till October 31. SLBC convenor C Doraswamy said as the kharif season was delayed for one month due to delayed monsoon, the companies should extend the deadline for one more month. However, insurance companies rejected their request. AP Agriculture Minister P Pulla Rao, Chief Secretary IYR Krishna Rao, Union Finance Director N Srinivas Rao, RBI regional director KR Das and NABARD chief general manager Jiji Memman were present.