Supplyco Crisis: Govt To Intervene If Farmers Denied Loan
T'puram: As an impact of the news reported by Mathrubhumi News, Agriculture Minister VS Sunil Kumar assured that the government will will intervene if the banks deny loans to farmers, who are inching to a debt trap due to the financial crisis in the Supplyco. Mathrubhumi News had reported about the crisis in the Supplyco and its effect on farmers who supplied paddy to the government-owned company. As the Supplyco failed to pay for the grains collected by the suppliers, farmers are unable to remit the bank loans on time. Mathrubhumi News Impact.