• I Paid A Bribe
  • 14 years ago
  • 758 views

Farmers pay bribes of 10% to get their crop or tractor loans etc.

Reported on June 18, 2011 from Lucknow , Uttar Pradesh  ι Report #7148

Ninety percent of the farmers in Pallia Kalan, Dist Lakhimpur Kheri pay a 10% bribe to all the govt. banks for their crop and tractor loans. I know this as a fact because I was a tractor dealer for 16 years & every govt bank took a bribe to give tractor loans. Recently the govt banks here have officially/unofficially appointed sales agents and loan facilitators who work on behalf of the bank manager and take a 10 to 15 % bribe for them for all farmers crop loans, and farm limits.

What is your reaction after reading this report?