After March 31, a farmer will no longer need to carry a copy of record of rights (RTC) or ‘khata’ to the bank to pledge his land or enhance the loan amount. Reason? The Centre has instructed all banks dealing with farmers to switch over to electronic mode of transactions and close all manual transactions by April 1. Karnataka, equipped with Bhoomi – the project of on-line delivery and management of land records with its electronic database of 200 lakh land records across the state, hopes to achieve paperless transactions through Bhoomi-Bank integration in three phases. All banks will now ‘talk’ to Bhoomi office only electronically – says Rajeev Chawla, secretary of Bhoomi project. “In the first phase, four districts – Tumkur, Mandya, Kolar and Mysore will comply with the mandate. Eleven more districts will completely switch over to electronic transactions by April 2012 and the remaining districts will close all manual transactions by June 2012,” said Chawla, adding that the new system would prevent fraudulent transactions, harassment of farmers and reduce the time taken by the banks to release the loan. “An electronic transaction comes with advantages. It removes human discretion and prevents record manipulation and fraudulent transactions. It helps farmers avoid personal visits to taluk office. The banks can accept the loan request from a farmer, directly download the khata, sanction the loan, raise request for liabilities’ check on the khata and send it to Bhoomi office. The revenue inspector will pass the order within two days,” explained Chawla.
from Our Special Correspondent
Daijiworld Media Network – Bangalore
Bangalore, Feb 27: Bankers should be more attuned to the needs of farmers and be more courteous, accommodative and should never insist on original Record of Rights, Tenancy and Crops (RTC) for sanctioning bank loans, said a senior official of the State Government.
Addressing the annual State Level Bankers’ Committee (SLBC) in Bangalore on Monday, Karnataka Government’s Revenue Department Secretary (Bhoomi project) Rajeev Chawla said the Department has computerised 20 million records of land ownership of 6.7 million farmers in the State.
Instead of asking farmers to bring RTC papers, bankers could download records from the Bhoomi website and take printouts and thereby serve farming community better, he said.
He said Union Government’s Finance Department has suggested the implementation of the Bhoomi-Bank integration project in the State.
Training for the purpose of downloading the land records and on-line registration of charge has to be organised to all branch level officers of banks at the district level, he said.
A few districts would be chosen on a pilot basis for implementation of the Bhoomi-Bank integration project to ensure cent per cent performance.
Learning from the experience could be replicated in other districts over a period of time, he said.
Chairman and Managing Director of Syndicate Bank and SLBC Chairman Basant Seth requested the Government to issue a gazette notification authorising bankers to download the RTCs from Bhoomi website from a legal point view.