Farmers protest gold auction by Rampura Phul bank

Item

Title

Farmers protest gold auction by Rampura Phul bank

Description

Farmers owing allegiance to BKU (Sidhupur) today protested outside a private bank’s branch at Rampura Phul.BKU (Sidhupur) leader Kaka Singh Kotra alleged in 2015, a farmer, Davinder Singh, of Daulatpura village had secured a loan of Rs 1 .07 lakh against 7.50 tola gold jewellery. In June 2016, bank officials allegedly auctioned the jewellery over the non-payment of the loan.Also read: Jagjit Singh Dallewal: Hold protest against BJP, allies onlyPunjab farmers to attend UP mahapanchayatKotra alleged the farmer owed Rs 1.25 lakh to the bank, but they sold the jewellery worth Rs 3.65 lakh. Terming the auction illegal, the union demanded a refund of Rs 2.42 lakh to the farmer.Though BKU Sidhupur leaders refused to call off the protest until the bank refunded the amount, they relented on the assurance of Phul DSP Jasbir Singh that the matter would be resolved by September 7. Farmers threatened to resume the protest, if they didn’t get the money.“A meeting will soon be fixed between farmers and bank officials to resolve the issue,” the DSP said. Despite repeated attempts, bank officials couldn’t be contacted. — TNS

Publisher

The Tribune

Date

2021-08-28

Coverage

Bathinda