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Saturday, May 7, 2011

SPCC condemns SBS condition requiring govt servants to get loan applications recommended by MLAs

GANGTOK, 06 May: The Sikkim Pradesh Congress Committee, in a meeting conveyed today, has strongly condemned what the party sees as the “discriminative policy” of the State Bank of Sikkim in new conditions added by it for the grant of loans to State Government employees.
Under the new policy, the release informs, the loan seeking State Government employees are required to obtain the recommendation of their respective area MLAs on the condition of repayment of the loan amount from their monthly salaries on installment basis.
“Such policy is in direct and blatant violation of the Fundamental Rights of the individuals as guaranteed by the Constitution,” the SPCC release issued by its vice president, Kunga Nima Lepcha, stresses.

The State Congress has conveyed doubts that the policy has been “conceived and implemented to deprive the Government employees of the loan facilities on political grounds”.
The meeting also demanded to know the reason behind implementing such “discriminative, illegal and unconstitutional clause”, and whether similar clauses are applied to the VIPs and their associates who have availed huge over-drafts facilities with SBS or are likely to obtain such arrangements in future.
“The SPCC sees no reason for imposing if such clause as the poor government employees have to replay not only the principle amount but also the compound interest on their loans,” adds the release.
The release however adds, “If the Area MLAs intend to stand guarantors for the loanees the SPCC has nothing to comment”.
Further the meeting demanded to know as to which MLA government employees hailing from outside the state and are not the voters in Sikkim should go to for obtaining recommendations.
 

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