Bihar: Farmers claim they didn't receive KCC insurance money

In the year 2012, the farmers of Khagaria District were provided KCC insurance from the Grameen Bank. However, now they lament that no money was provided to them under the insurance despite paying the premiums.

Khagaria:In Mansi town of Khagaria district, farmers were provided with Kisan Credit Card (KCC) from Grameen Bank in the year 2012. Kisan Credit Card (KCC) is an initiative by the Government of India to ensure that farmers of the country have access to credit at an affordable rate.

However, the district witnessed heavy floods in 2016 which spoilt the crops. Now, the farmers lament that they did not receive any amount under KCC insurance despite paying the premiums. Also, the banks were now sending notice to them to repay the money taken under the KCC loan scheme, they added.

The bank is recovering the KCC loan from the farmers arbitrarily and is also demanding adequate interest on the loan amount, the farmers complained.

Commenting on this, District Magistrate (DM) Anirudh Kumar said that the matter had come to his knowledge. He added that a fair probe would be conducted in the matter and farmer would get the insurance money.