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States » NorthPosted at: Jan 4 2019 5:21PM


Kisan Union must desist from harming farmers’ interests to further its narrow political interests : Cooperation Dept

Chandigarh, Jan 4 (UNI) Punjab Cooperation Department on Friday said that the Bhartiya Kisan Union (Ugrahan) is inciting farmers to stage protests at the Primary Cooperative Agricultural Development Bank (PADB) to not repay the loans taken and is vitiating the atmosphere of the state besides leading to the situation where the services being made available to the farmers and other members of general public are being negatively affected.
"The protests being staged on the instigation of the opposition parties are part of a well planned conspiracy because in case of the failure of PADB to deposit the installment the aid from NABARD would be stopped which would harm the interests of farmers only,” a spokesman of the department said in a statement here.
He said that the PADBs advances long term loans to the farmers in the state and these loans are re-financed by the NABARD. The farmers repay the loans of PADBs in installments and similarly the PADBs too had to return loan to NABARD in a timely manner in installments.
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