Land Auctioned And Later Settlement Of Loan Amount Done By Bank Felicitated

Latest reports have been coming in from Rajasthan where a farmer land was auctioned yesterday for non payment of loan amount in Dausa district in Rajasthan.

According to reports coming in a farmer's land was auctioned yesterday in Ramgarh Pachwara village of Dausa for non-payment of the loan amount 

According to Pappu Lal, farmer's son my father had taken a loan and he is dead now. We were unable to repay it and requested bank but they denied to give any chance.

According to Mithlesh Meena, SDM while speaking to ANI said that the farmer had taken a loan from Rajasthan Marudhara Gramin Bank but failed to re-pay it. Bank also called them for settlement but they didn't appear, so as per law their land was auctioned.

Later the process of auction of the land of a farmer, who could not repay loan to a bank, has been cancelled. 

And instead a settlement process between the farmer and the bank is being facilitated according to Dausa ADM RK Meena.

As per Ram Prasad Bairwa, Junior Assistant, Revenue Department before the 15 bigha of land was auctioned for Rs 46 lakh.

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