Minister for Textiles & Handlooms P Shankar Rao on Sunday stated that banks have been instructed to refrain from sending demand notices to weavers who have defaulted on their loans.
Talking to mediapersons after discussions with the weavers' representatives and the cooperative society members during his visit to the Krishna and Guntur districts, Dr. Shankar Rao said that the government has already released Rs. 109 crores of the Rs. 302 crores of the loan waiver amount in the first phase. The remaining amount will be released by March 21, he added.
The minister said that the notices issued by some banks to the weavers who had defaulted on payments was due to a technical error. The miscommunication between the banks and the government has been sorted out and they have been asked to refrain from sending further notices, he said.
The minister further revealed that he would seek a meeting with Chief Minister N Kiran Kumar Reddy to bring the problems of weavers to the latter's notice, and asked the cooperative society to send 4 members from each district to the meeting.
Saying that the weavers were now regaining confidence in the government due to the steps being taken to ease their suffering, the minister expressed confidence that the Congress party would come to power with a thumping majority because of its policies and schemes.
He exuded confidence that the Congress will come to power for the 3rd time successfully under the able leadership and guidance of party president Sonia Gandhi, and create a hat-trick of victories in the state's politics.
The minister's statement comes in the wake of Telangana Rashtra Samithi (TRS) president K Chandrasekhar Rao (KCR) announcing plans of introducing a no-confidence motion against the Kiran Kumar Reddy government during the upcoming Budget session of the Assembly.
Courtesy: INN
filed in:Congress, Weavers, Loans, N Kiran Kumar Reddy