The Union government told the Kerala High Court that the loans of people affected by the landslides in Wayanad in July last year would not be waived. Instead, they will be rescheduled or restructured in accordance with the RBI’s
Master Directions on Natural Calamities.
The Centre made this submission in an affidavit filed in response to the High Court’s query on whether the loans availed by the affected individuals could be waived.