Monopolies propitiate,  jail for food providers 

A farmer named Sukumaran of  Wayanad district was jailed in the name of not repaying the loan. Sukumaran took       Rs.30,000 as  loan from Erulam Kerala Grameena Bank, for farming.  Later, It amounted to Rs.90,000/- including interest. Sukumaran could not repay the loan due to agrarian crisis. He  had taken loan by hypothecating 71 cents of land that was with him. Bank started to adopt steps for the recovery of loan given to him,  since he could not remit the loan  in time.  Bank initiated recovery proceedings by asking to remit Rs. 5,77,000 by adding up capital, interest, fine and bank expenses. Bank authorities adopted steps for  auction of the 77 cents of land of Sukumaran. Nobody came forward to take the land in auction. The reason was the unpreparedness shown by all and sundry in usurping the property of a poor farmer.  If the land is not taken by auction, Bank itself can take over the said land. Bank authorities are not prepared for this. The behest for extracting money by arresting Sukumaran was made in the petition submitted by the Manager of Erulam Grameena Bank in Bathery Sub Court. The Bank deposited the expense and amount to be remitted for keeping him in jail, in the court. Grameena Bank authorities, on Bank's own expense, taken steps to arrest Sukumaran and put him in jail. 

He was kept in Kannur Central Jail for one week. Sukumaran is asking why Bank put him in jail. The normal procedure is to regain money by attaching land or selling it. 

Liquor Baron Vijay Mallya has to repay Rs.7000 crore  to banks. Mallya is only one among the many lords, who have to pay arrears. Mallya took Rs.6900crore  as loan in 2010. Out of this, Rs.1600 crore was provided by the public sector bank – SBI. Punjab National Bank and IDBI Bank gave loans of Rs.800 crore each;  Federal Bank Rs.90 crores, Bank of Mysore Rs.150 crores, Corporation Bank Rs.310 crores, UCO bank Rs.320 crores,  Bank of Baroda  Rs.550 crores, Central

Bank of India Rs.410 crores and Bank of India Rs.410 crores. Narendra Modi’s foster corporate,  Adani was given a loan of Rs.6000crores at a stretch.  Likewise, public sector banks gave loans to several corporates. The unrecovered loans of public sector banks are multiplying, even as they adopt steps that are persecutive of farmers. The unrecovered loans of the public sector banks of the country have multiplied to Rs.2.6 lakhs crores. These are figures recorded up to 2015 September 30. Until 2015 March 31^st, the unrecovered loans amounted to Rs.2.3 lakhs rupees only. But ccrporates have brought upon an unrecovered loan of huge amount of Rs.30,000 crores, within six months.

No steps are taken to recover the unpaid loans.  Corporates  have not repaid the loans.  They are protected by bank managements & government officials,  by laying red carpet. Corporations have raised the argument that unrecovered loans came about as capital was invested for country’s progress. They say that they do not hold the liability to repay the amount, taken as loan,  as country has progressed much economically. 

Many farmer suicides  occurred recurrently in the country due to the strict actions, including confiscation, taken by banks against them. As per the figures provided by National Crimes Record Bureau, 5,650 farmers committed suicide, in 2014. However, as per the figures supplied by Ministry of Agriculture, the total number of suicides of farmers committed for agrarian reasons, in last three years, comes  3313. Five states viz., Maharashtra, Telengana, Karnataka, Andhra Pradesh and Kerala shared 3301 suicides out of them. One should remember that the toil of farmers is  behind the food surplus status of the country.

The question of why the amount issued to  corporates was not recovered, but farmers are tortured remains. Banks even do not care to send a notice to the corporate.  Even the names of those, who have to repay, are kept a secret.