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Jharkhand CM asks banks to find solutions for loans to ST/SC

Ranchi, December 13: Chief Minister Hemant Soren suggested that banks should find out a solution for grant of loans to ST/SC in Jharkhand.

“The banks should find out a solution so that ST and SC can move forward in business and other fields taking loans from the banks. There are complaints that ST/SC despite having lands are not able to get loans from banks. If banks take away lands of such communities then their very existence will be taken away. We have to work keeping their existence at safe,” said Soren while speaking at a meeting on providing loans to ST/SC communities.

The chief minister further said that 28 per cent of the people belonging to the Scheduled Tribe community are in this state. If the Scheduled Caste community is included, then it will go up to 40 percent. In such a situation, there should be a collective effort of all of us in the direction of taking them forward.

The Chief Minister said that the bank management can come up with a solution out of the box.

“Banks should consider keeping the movable and immovable property built on the land as collateral instead of paying attention to the land, then the problem can be solved to a great extent. Apart from this, there is a need for banks to increase the limits of collateral free loans, so that tribals can easily get loans for education, housing, business and industry. If the people of this community do not move forward, then how will the state progress on the path of development,” opined the chief minister.

 The chief minister assured that bank management board that government will provide full cooperation to the bank management.

“We need to work in coordination so that all-round development of this community can be ensured,” said Soren.

The meeting was attended by tribal welfare minister Champai Soren, MLA Stephen Marandi, Chief Secretary Sukhdev Singh, principal secretary to Chief Minister Rajiv Arun Ekka, secretary to Chief Minister Vinay Kumar Choubey, finance Secretary Ajay Kumar Singh, welfare Secretary KK Soan and General Managers and Regional Managers of various banks were present.

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