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Coffee Debt Relief Package

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..... Coffee Debt Relief Package - News and Press Release Dated:- 27-2-2013 - News - The Government of India sanctioned the Coffee Debt Relief Package-2010 for the debt ridden small coffee growers and released Rs. 299 Crores benefiting 1,35,280 small coffee growers. The relief package extended direct financial benefits to the debt ridden small coffee growers. The medium and large growers were elig .....

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..... ible under the scheme for rescheduling of the loans. The state wise and district wise details of small growers who have been extended the benefit under CDRP are given below. Sl. No. State / District Pre - 2002 Loan Crop Loan Post 2002 Loan Total No. of Benefic iaries Amount In Rs. No. of Benefici aries Amount .....

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..... In Rs. No. of Benefici aries Amount In Rs. No. of Benefici aries Amount In Rs. I Karnataka 1 Chikmagalur 4815 687890466 9945 115605341 4623 95192278 19383 898688085 2 Kodagu 6579 674616639 .....

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..... 27030 245551103 8208 151242153 41817 1071409895 3 Hassan 3788 412093251 11761 90629833 3435 66173352 18984 568896436 4 South Canara 4 1037179 13 166335 1 72206 18 1275720 5 Shimoga 9 873323 8 205778 .....

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..... 5 218094 22 1297195 6 Mysore 5 1992739 4 67017 2 60572 11 2120328 Sub Total 15200 1778503597 48761 452225407 16274 312958655 80235 2543687659 II Kerala .....

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..... 1 Wayanad 6659 189351374 38116 102311680 9138 73662651 53913 365325705 2 Idukki 1 128472 5 54103 2 25917 8 208492 3 Palakkad 0 0 1 33872 0 0 1 33872 4 Calicut 12 375184 .....

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..... 0 0 0 0 12 375184 Sub Total 6672 189855030 38122 102399655 9140 73688568 53934 365943253 III Tamilnadu 1 Coimbatore 0 0 2 50000 2 167088 .....

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..... 4 217088 2 Nilgiris 0 0 13 55437 0 0 13 55437 3 Salem 19 2713614 278 1248451 32 958006 329 4920071 4 Dindigul 183 8744021 427 4463888 128 2421873 738 15629782 5 Theni 5 1597 .....

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..... 108 6 84298 5 328050 16 2009456 Sub Total 207 13054743 726 5902074 167 3875017 1100 22831834 IV Orissa 1 Koraput 3 1017335 0 0 8 393829 .....

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..... 11 1411164 Grand Total 22082 1982430705 87609 560527136 25589 390916069 135280 2933873910 Representations were made by some Members of Parliament, the Karnataka Growers Federation etc. requesting for waiver of interest on the loans taken by the medium and large coffee growers. The matter was ex .....

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..... amined in consultation with the Ministry of Finance. However, the request was not found feasible on the ground that such a waiver would have financial implications for banks and result in similar kind of demands from other sectors. This information was given by the Minister of State for Commerce Industry Dr. D. Purandeswari in written reply to a question in Rajya Sabha today. DS/RK (R .....

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..... elease ID :92643) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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