farm loan waiver
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  • Maharashtra Budget 2021: Govt announces interest-free farm loans up to Rs 3 lakh, 33% rebate on power bills Mar 08, 2021 09:38 PM IST

    Maharashtra Budget 2021: Govt announces interest-free farm loans up to Rs 3 lakh, 33% rebate on power bills

    The Maha Vikas Aghadi government announced a scheme worth Rs 2,000 crore for strengthening Agricultural Produce Market Committees in state.

  • Banking Central: Another farm loan waiver, another jolt to the taxpayer Feb 08, 2021 11:33 AM IST

    Banking Central: Another farm loan waiver, another jolt to the taxpayer

    Loan waivers have damaged the credit discipline and resulted in a spike in loan defaults over the years

  • With new Maharashtra offer, farm loan write-offs touch Rs 4.7 lakh cr in last 10 yrs Jan 12, 2020 03:31 PM IST

    With new Maharashtra offer, farm loan write-offs touch Rs 4.7 lakh cr in last 10 yrs

    In FY19, farm loan NPAs jumped to 12.4 percent or at 1.1 lakh crore of the Rs 8,79,000 crore of total bad loans in the system, up from Rs 48,800 crore or 8.6 percent of the total NPAs of Rs 5,6,6,620 crore in FY16, the report by SBI Research said.

  • 300 farmer suicides recorded during month-long political tussle in Maharashtra Jan 03, 2020 05:09 PM IST

    300 farmer suicides recorded during month-long political tussle in Maharashtra

    Unseasonal rains in the state have hit about one crore farmers, approximately the population of Sweden. Of these, 44 lakh farmers are from Marathwada alone.

  • Fadnavis announces agitation against new loan waiver scheme Dec 21, 2019 06:10 PM IST

    Fadnavis announces agitation against new loan waiver scheme

    The Shiv Sena-NCP-Congress coalition government earlier in the day announced loan waiver of upto Rs 2 lakh for farmers in the state with cut-off date of September 30.

  • Maharashtra CM announces loan waiver of upto Rs 2 lakh for farmers Dec 21, 2019 05:00 PM IST

    Maharashtra CM announces loan waiver of upto Rs 2 lakh for farmers

    Chief Minister Uddhav Thackeray made the announcement in the Legislative Assembly here on the last day of the winter session of the legislature.

  • Maharashtra: Farm loan waiver likely to cost Shiv Sena-NCP-Congress govt Rs 1.3 lakh crore Dec 05, 2019 06:03 PM IST

    Maharashtra: Farm loan waiver likely to cost Shiv Sena-NCP-Congress govt Rs 1.3 lakh crore

    In 2017, the previous BJP-Shiv Sena government had implemented a loan waiver for nearly 50 lakh farmers. The outstanding loans were worth Rs 19,000 crore.

  • Farm loan waiver promise comes back to haunt Congress govt as farmer kills self in Rajasthan Jun 26, 2019 09:48 PM IST

    Farm loan waiver promise comes back to haunt Congress govt as farmer kills self in Rajasthan

    During the campaigning for Lok Sabha polls in the state, PM Modi had targeted Congress, alleging it had failed to waive off farm loans

  • Lok Sabha polls 2019: Here are key developments over the last 100 days that will shape political discourse Mar 13, 2019 07:38 PM IST

    Lok Sabha polls 2019: Here are key developments over the last 100 days that will shape political discourse

    Important developments include Pulwama attack and Balakot air strike, Rahul Gandhi's promise of minimum income and 10% quota for upper caste EWS

  • Congress chief Rahul Gandhi promises direct cash transfer at Jan Akrosh rally in Gujarat Feb 14, 2019 05:11 PM IST

    Congress chief Rahul Gandhi promises direct cash transfer at Jan Akrosh rally in Gujarat

    Blaming the BJP government of "humiliating the farmer by giving them Rs 17 a day", he said it was the Congress that had rolled out schemes like MNREGA, Land Acquisition Act and schemes to protect the tribal community

  • Budget 2019:PM Kisan Samman Nidhi - A relatively better way to support farmers but still not the most ideal Feb 01, 2019 03:17 PM IST

    Budget 2019:PM Kisan Samman Nidhi - A relatively better way to support farmers but still not the most ideal

    It is a welcome move as unlike loan waivers, direct income support doesn’t adversely impact the banking system, At the same time, PM Kisan will boost rural consumption

  • MP farmer receives Rs 13 waiver on Rs 20,000 farm loan; govt asks him to inquire at the bank Jan 25, 2019 12:02 PM IST

    MP farmer receives Rs 13 waiver on Rs 20,000 farm loan; govt asks him to inquire at the bank

    In some cases, farmers say that names of people who have not taken loans are in the list of beneficiaries.

  • PM Modi mulls cash handout to farmers ahead of Lok Sabha polls: Report Jan 02, 2019 07:42 PM IST

    PM Modi mulls cash handout to farmers ahead of Lok Sabha polls: Report

    The additional spending could hurt the national coffers as the government has already breached the fiscal deficit target of 3.3 percent of GDP

  • 100-Word Take | Loan waivers come at a time when bad loans in the agriculture sector are rising Jan 02, 2019 09:31 AM IST

    100-Word Take | Loan waivers come at a time when bad loans in the agriculture sector are rising

    The gross non-performing assets in agricultural bank loans went up from around 5 percent of advances to the sector in March 2017 to 8.4 percent by September 2018.

  • Opinion | There are no winners in farm loan waivers Dec 21, 2018 10:56 AM IST

    Opinion | There are no winners in farm loan waivers

    Farm loan waivers represent bad economics, bad banking and promote the wrong type of social values. They end up hurting farmers

  • Podcast | Digging Deeper - Do farm loan waivers work? Dec 20, 2018 12:42 PM IST

    Podcast | Digging Deeper - Do farm loan waivers work?

    Informal sources such as moneylenders, family and friends accounted for 62 percent of indebted households among marginal farmers. Such farmers would not benefit from any scheme that restructures debt taken from banks and cooperatives."

  • Kumaraswamy & Yeddyurappa clash in assembly over farm loan waiver Dec 19, 2018 09:52 PM IST

    Kumaraswamy & Yeddyurappa clash in assembly over farm loan waiver

    With the ruling Congress-JD(S) MLAs also on their toes to defend the government, the scene turned chaotic. Chief Minister H D Kumaraswamy was locked in a high pitch verbal duel with Opposition BJP leader B S Yeddyurappa during the debate on drought.

  • BJP promises farm loan waiver in Odisha if party comes to power Dec 18, 2018 04:11 PM IST

    BJP promises farm loan waiver in Odisha if party comes to power

    The announcement was made by BJP state president Basant Panda at a press conference here. Assembly elections in Odisha are due in 2019 along with the Lok Sabha elections.

  • Madhya Pradesh CM Kamal Nath acts on poll promise, waives off farm loans of up to Rs 2 lakh Dec 17, 2018 05:40 PM IST

    Madhya Pradesh CM Kamal Nath acts on poll promise, waives off farm loans of up to Rs 2 lakh

    Congress President Rahul Gandhi had earlier announced that the party would start the process of writing off farmer loans within 10 days of government formation in the state.

  • Waiver conundrum: Congress, BJP in race to write off loans, but experts advise against it Dec 15, 2018 06:13 PM IST

    Waiver conundrum: Congress, BJP in race to write off loans, but experts advise against it

    The Congress now faces a mammoth task of fulfilling its promise to write off loans within 20 days of forming the government. More than 70 percent of the population in these three states lives in rural areas and is dependent on agriculture for their livelihood.

  • INTERVIEW | Kamal Nath on farm loan waiver, gaushalas and challenges ahead in Madhya Pradesh Dec 14, 2018 09:07 PM IST

    INTERVIEW | Kamal Nath on farm loan waiver, gaushalas and challenges ahead in Madhya Pradesh

    In an interview with CNN-News18's Marya Shakil, newly appointed Chief Minister of Madhya Pradesh talks about all the work that needs to be done in the state.

  • Farm loan waivers worst solution to farm distress, income support schemes more viable: Experts Dec 14, 2018 03:21 PM IST

    Farm loan waivers worst solution to farm distress, income support schemes more viable: Experts

    Experts feel that income support schemes may be a more effective alternative and bold steps are needed to address rural distress.

  • Rajasthan Assembly Polls 2018: Continued farmer distress could sway votes against BJP Oct 26, 2018 06:49 PM IST

    Rajasthan Assembly Polls 2018: Continued farmer distress could sway votes against BJP

    Many reports have suggested that there is growing disenchantment among farmers over the execution of the Centre's proposal to hike MSP.

  • Podcast | Digging deeper - The economics and politics of farm loan waivers in India Jul 18, 2018 01:27 PM IST

    Podcast | Digging deeper - The economics and politics of farm loan waivers in India

    Farm loan waivers touched 0.32 percent of the GDP, or 4.99 lakh crore rupees, in FY18 as against estimates of 0.27 percent

  • Farmer protests intensify: Vegetable, milk prices on the rise across India Jun 05, 2018 01:29 PM IST

    Farmer protests intensify: Vegetable, milk prices on the rise across India

    Farmers have decided to restrict supply to urban areas until their demand of farm loan waivers and minimum income schemes are met

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