Thursday 22 August 2019
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business-standard - 8 days ago

Rahul writes to RBI Guv, seeks relief for flood-hit Kerala farmers

Congress leader Rahul Gandhi has written to RBI Governor Shaktikanta Das, urging that the moratorium on repayment of crop loans be extended to December 31 for farmers in Kerala in the wake of floods in the state. The death toll in the Kerala floods is 95, as per government figures, and over 1.89 lakh people displaced by the deluge since August 8 have taken refuge in 1,118 camps, some of which were visited by Gandhi, the Lok Sabha MP from Wayanad, on Monday. In a letter to the Reserve Bank of India (RBI) governor, Gandhi said Kerala has witnessed the worst floods in over a century and the devastating impact of the deluge is further compounded by the inability of farmers to repay agriculture loans on account of widespread crop loss, and extensive damage to other productive assets. External factors such as the sharp fall in global commodity price of cash crops has also adversely affected the ability of farmers to bounce back, he said. Kerala has witnessed a tragic spate of farmer ...


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