BIG: RTI Reveals Banks Took Back Money Deposited Into Farmers’ Accounts Under PM-KISAN, Thousands Affected
Around Rs 5.46 crore was taken back by SBI alone.
Money deposited into the accounts of thousands of farmers under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme has reportedly been taken back by the banks, an RTI reply has revealed.
Per a report in the The Wire Hindi, that the first instalment under the scheme was debited within hours of being credited into the farmers’ accounts. The information was revealed by an RTI.
PM-KISAN scheme was announced in the interim budget by the Modi government. Under the scheme, small and marginal farmers are to receive Rs 6,000 in three equal instalments, the first of which was to be disbursed before the model code of conduct came into force. The scheme was formally launched on February 24 by Prime Minister Narendra Modi himself.
Out of the 19 nationalised banks, State bank of India, Bank of Maharashtra, UCO Bank and Canara Bank have accepted in their reply to the RTI applications that the money deposited into farmers’ accounts was taken back.
SBI said in it’s reply that out of the Rs 854.85 crore deposited in 27,307 accounts till March 8, 2019, Rs 5 crore 46 lakh was taken back. Bank of Maharashtra said that out of the Rs 37 crore 70 lakh deposited, Rs 61 lakh 20 thousand has been debited from approximately 3,060 accounts, reported The Wire Hindi.
Similarly, UCO Bank informed that Rs 58 lakh 38 thousand was taken back till February 24, 2019. AK Barua, Assistant General Manager, UCO Bank, told The Wire Hindi that the transactions were reversed because the bank account numbers of the beneficiaries were incorrect. However, when asked if the money was again credited to the farmers after correcting the account numbers, the bank did not respond.
Andhra bank reportedly revealed that till March 26, 2019, they had deposited around Rs 170 crore in 54 thousand accounts, out of which they have taken bank over Rs 90 crore.
While Canara Bank did not clarify how much money was taken back, it did accept that it was done as there were errors in the bank account information of the beneficiaries.
Since the implementation of the scheme, there have been several reports of the money being taken back from the farmers’ accounts barely hours after the deposit was made. Such reports have come from Maharashtra — thousands of farmers from different parts of the state have reportedly complained of the money disappearing from their accounts, Haryana and Uttar Pradesh.