<div dir="ltr"><div class=""><h1 itemprop="headline">Karnataka Chief Minister Slams Banks for Not Implementing 3 Language Policy</h1></div><br><div class=""><div class=""><div class=""><br></div></div></div><div class=""><img itemprop="image" title="Karnataka Chief Minister Slams Banks for Not Implementing 3 Language Policy" alt="Karnataka Chief Minister Slams Banks for Not Implementing 3 Language Policy" id="story_image_main" src="http://i.ndtvimg.com/i/2015-03/siddaramaiah_650x488_61426970863.jpg"><p class="">File Photo: Karnataka Chief Minister Siddaramaiah</p></div><b class="">Bengaluru: </b>
Karnataka Chief Minister Siddaramaiah today
lambasted banks for not implementing the compulsory three-language
policy in the state and asked them to henceforth ensure that they
recruit staff who know Kannada.<br><br>
"Our Government is committed to protecting and encouraging the art,
culture and rich heritage of our state. Since Kannada is the
administrative language in Karnataka... government wishes to take firm
steps for implementing Kannada in all official activities," he said,
speaking at the 132nd state level Bankers' committee meeting.<br><br>
The CM said his government wanted to encourage use of Kannada in day to
day banking activities. "It is required to ensure that employment
opportunities are expanded for persons knowing Kannada in the banking
services."<br><br>"It has been observed
that banks, while preparing challans, passbooks, loan applications,
account opening forms, fixed or term deposit certificates are not
practicing the compulsory "Tribhasha Sutra (three language policy)," he
said.<br><br>
Hence, the facilities provided by nationalised banks and local banks are not reaching the rural masses, he said.<br><br>
On the drought situation in the state and increasing incidents of farmer
suicides, he urged banks to extend a helping hand to farmers in
distress to enable them come out of the crisis and avoid taking the
extreme step.<br><br>
He said the average loan amount of a farmer for a long time has been around <span class="">R<span>s.</span></span> 30,000 to <span class="">R<span>s.</span></span>
35,000, which is "very low" and suggested that they should get
need-based credit to cover their activities to increase productivity and
income.<br><br>
"Banks need to become more pro-active in addressing this issue as also
in releasing the full quantum of loans, which is not being done in spite
of subsidy and margin money being released by the Government," Mr
Siddaramaiah added.<br><br>
Expressing surprise that the Credit-Deposit ratio of the state was
constantly static, he said that since the last few years it was ranging
between 73 per cent to 76 per cent.<br><br>
"Bankers must endeavor to initiate steps to increase CD Ratio by stepping up lending under all priority sectors."<br><br>
Advising bankers to formulate a creative annual credit plan facilitating
investment in high-tech agriculture, he said they should think of a
paradigm shift in approach to agriculture so that the constant
dependence on favorable monsoon reduces.<br><br>
"Considering the demand under critical sector, I request bankers to
intensify financing under the sector, particularly towards weaker
sections of society in rural areas, which has to be closely reviewed by
the state level Bankers' Committee," he said.<br><br clear="all"><a href="http://www.ndtv.com/karnataka-news/karnataka-chief-minister-slams-banks-for-not-implementing-3-language-policy-1219206">http://www.ndtv.com/karnataka-news/karnataka-chief-minister-slams-banks-for-not-implementing-3-language-policy-1219206</a><br>-- <br><div class="gmail_signature">**************************************<br>N.b.: Listing on the lgpolicy-list is merely intended as a service to its members<br>and implies neither approval, confirmation nor agreement by the owner or sponsor of the list as to the veracity of a message's contents. Members who disagree with a message are encouraged to post a rebuttal, and to write directly to the original sender of any offensive message. A copy of this may be forwarded to this list as well. (H. Schiffman, Moderator)<br><br>For more information about the lgpolicy-list, go to <a href="https://groups.sas.upenn.edu/mailman/" target="_blank">https://groups.sas.upenn.edu/mailman/</a><br>listinfo/lgpolicy-list<br>*******************************************</div>
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