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The Kerala Fishermen Debt Relief Commissionact, 2008 Complete Act

State: Kerala

Year: 2008

THE KERALA FISHERMEN DEBT RELIEF COMMISSION ACT, 2008 ACT 18 OF 2008 THE KERALA FISHERMEN DEBT RELIEF COMMISSION ACT, 2008 An Act to provide for urgent relief to the fishermen who are in distress due to indebtedness, by constituting a Commission for recommending relief measures to such fishermen and for solving their problems through conciliation, negotiation and adjudication and for matters connected therewith or incidental thereto; Preamble.-WHEREAS, majority of the traditional fishermen, earning livelihood by fishing in sea and in inland waters, are now entrapped in great indebtedness; AND WHEREAS, loan was obtained in large scale from various agencies, banks and individuals for the purchase of fishing equipments and the situation of inability to repay the debt exist for years due to disgust in production, fall in price and unemployment and exploitation by intermediaries and the liability of debt has been accruing; AND WHEREAS, the liability of fishermen is increasing due to natural calamities, sea erosion, Tsunami and the ruins due to monsoon etc., occurring again and again the loss of work and the losses caused to the fishing equipments etc; AND WHEREAS, they are.....