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No Banks Can Deduct Money From KALIA Assistance Remitted: Odisha Finance & Agriculture Minister


18 February 2019

Debashish Maharana


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Bhubaneswar: In the wake of several complaints received by the Odisha Government that the concerned banks are suo motu deducting their outstanding loan dues from the KALIA assistance deposited through DBT mode, State Finance Minister today made it clear that no banks could do so.

In his reactions, Odisha Finance Minister Sashi Bhusan Behera said, “Such complaints were received after the KALIA scheme was launched. Taking it seriously, the State Government had convened a meeting with the bankers.”

“There was also RBI clearance that no bank could cut loan amount from the KALIA assistance amount deposited in the accounts of the beneficiaries,” he clarified.

The Odisha Finance Minister assured, “Adequate action will be taken if the banks are still not obeying it. We’ll also try that such complaints are not received further. The Chief Secretary and Agriculture Secretary will take note of it and act accordingly.”

Panigrahi Kailash Chandra Dash, DGM-cum-Convener SLBC, Odisha said, “It may be of Central Government or State Government scheme, the motto is to make the money reach the people.”

“Whatever complaints have been received by me are phase wise. Hence, problem is cropping up in most of the banks. Suppose an account is inactive. It needs to be first activated,” he explained.

The SLBC DGM-cum-Convener further explained, “Every bank has its own CBS system. Suppose we remit the money to the savings account, it automatically goes into the loan side. Thereafter, special guideline was circulated and the beneficiaries received the amount.”

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Sashi Bhusan Behera, Minister, Finance & Agriculture, Odisha