The Central Government informed the Kerala High Court that it cannot waive loans for Wayanad landslide victims due to the removal of Section 13 from the Disaster Management Act. Only a one-year moratorium is offered. The Court emphasized more could be done, noting that Kerala Bank had already waived loans for affected individuals.
The Kerala High Court stated the Union Government and NDMA can influence banks to waive loans for Wayanad landslide victims, despite RBI’s restrictions. Kerala Bank already waived Rs 5 crore in loans, serving as a model. Additionally, the court called for immediate state actions to enhance disaster preparedness ahead of monsoon rains.
