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Kerala: Cooperatives need to be sensitive

Ajay Jha by Ajay Jha
February 2, 2012
in From States
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When Nalaveettil Nandan a fisherman on Vypeen island in Kerala could not get his cooperative bank loan written off under the fishermen’s debt relief scheme , he had no choice but to end his life.

The Ernakulam cooperative bank threatened him with attaching his landed property if he failed to repay the loan by the close of December.

Nandan wanted the bank officials to allow him some time to repay the loan but his appeal was of no avail.
The Kerala fish workers’ union and several other organisations in the state have slammed the Ernakulam bank’s insensitive and avaricious behaviour.

Nandan is the first fisherman in the state to have committed suicide.

Tags: Ernakulam cooperative bankkeralaNalaveettil Nandan
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