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  • Working on broad agri reforms; may mull one-time settlement of farm loans: Maha FM Apr 07, 2017 01:14 PM IST

    Working on broad agri reforms; may mull one-time settlement of farm loans: Maha FM

    Structural reforms will help farmers in the long run, not just farm loan waivers, Sudhir Mungantiwar, Finance Minister, Maharashtra, tells Moneycontrol in an interview. He says that some of the policy measures in the agriculture sector initiated by the BJP government has already started showing results.

  • In first TV interview, Yogi Adityanath talks of 'ghar wapsi' through jobs Apr 06, 2017 04:28 PM IST

    In first TV interview, Yogi Adityanath talks of 'ghar wapsi' through jobs

    Uttar Pradesh Chief Minister Yogi Adityanath said his government's focus will be on providing better education and employment facilities in the state and easing the pressure on farmers.

  • Farm loan waiver: Some welcome, some term it 'eye wash' Apr 06, 2017 07:45 AM IST

    Farm loan waiver: Some welcome, some term it 'eye wash'

    The Yogi Adityanath-led BJP government in UP yesterday announced a loan waiver of Rs 36,359 crore for over one lakh small and marginal farmers in the state.

  • V-Mart Retail upbeat on double-digit same store sales growth next fiscal Apr 05, 2017 01:57 PM IST

    V-Mart Retail upbeat on double-digit same store sales growth next fiscal

    Money spent during election time had increased spending and now with this loan waiver and other policies, the consumer sentiment will improve further and therefore spending will continue to improve, said Lalit Agarwal of V-Mart Retail.

  • Adityanath holds 1st cabinet meet, waives farm loans of Rs 36,359 cr Apr 05, 2017 08:00 AM IST

    Adityanath holds 1st cabinet meet, waives farm loans of Rs 36,359 cr

    The first cabinet meeting presided over by Chief Minister Yogi Adityanath decided to float Kisan Rahat Bonds for raising Rs 36,359 crore required for waiving loans of small and marginal farmers who form 92.5 per cent of the total 2.30 lakh farmers in the state.

  • BJP fulfills UP poll promises: 10 key highlights from Yogi Adityanath's first Cabinet meet Apr 04, 2017 09:30 PM IST

    BJP fulfills UP poll promises: 10 key highlights from Yogi Adityanath's first Cabinet meet

    Waiver of farm loans of upto Rs 1 lakh. The move is likely to benefit more than 2.25 crore farmers in the state, and is likely to cost the state exchequer around Rs 30,729 crore.

  • Centre can't waive loans of TN farmers alone: Pon Radhakrishnan Apr 03, 2017 07:40 AM IST

    Centre can't waive loans of TN farmers alone: Pon Radhakrishnan

    "The situation in the whole country has to be taken into account by the Central government before deciding on writing off farm loans," he told reporters at the airport here.

  • UP govt mulling various options to waive farmers' loans Mar 28, 2017 10:46 PM IST

    UP govt mulling various options to waive farmers' loans

    A finance department spokesman today said Finance Minister Rajesh Agarwal has already started deliberations with senior officials of his department for fulfilling this promise at the earliest.

  • Note ban has not affected prices of essential items: Ram Vilas Paswan Mar 28, 2017 01:32 PM IST

    Note ban has not affected prices of essential items: Ram Vilas Paswan

    Food and Consumer Affairs Minister Ram Vilas Paswan said changes in prices of the 22 items including pulses, onion and tomato vis-a-vis on the day of demonetisation are being monitored on a daily basis.

  • India lifts ban on bulk export of major edible oil Mar 28, 2017 07:38 AM IST

    India lifts ban on bulk export of major edible oil

    Currently, export of edible oils is allowed in up to 5 kg pack at minimum export price of USD 900 per tonne. The bulk export was banned way back in 2008 to curb price rise.

  • Navdanya welcomes CCI order on buyout of Monsanto by Bayer AG Mar 26, 2017 10:00 PM IST

    Navdanya welcomes CCI order on buyout of Monsanto by Bayer AG

    "This is a great victory for our farmers, for citizens of India, as now the CCI has stopped the poison makers - Monsanto and Bayer from merging in India.

  • Rs 8,08,318 crore agriculture credit disbursed till Dec'16 Mar 24, 2017 02:35 PM IST

    Rs 8,08,318 crore agriculture credit disbursed till Dec'16

    Minister of State for Finance Santosh Gangwar said a total of Rs 8,77,527 crore worth of agriculture credit have been disbursed in 2015-16 and Rs 8,45,328 crore in 2014-15.

  • Govt considering imposing import duty on wheat: Agriculture Secretary Mar 22, 2017 01:59 PM IST

    Govt considering imposing import duty on wheat: Agriculture Secretary

    On December 8, the government had reduced customs duty on wheat to zero from 10 percent to boost domestic availability and check retail prices.

  • Off the pulse - India farmers switch crops as lentil prices plunge Mar 21, 2017 02:17 PM IST

    Off the pulse - India farmers switch crops as lentil prices plunge

    Storehouses are overflowing with commodities such as lentils and soybeans after waves of farmers answered Prime Minister Narendra Modi's call last summer to ramp up local production to cut a hefty import bill, driving prices sharply lower.

  • Maharashtra CM makes case to bring back debt-ridden farmers into credit system       Mar 18, 2017 03:58 PM IST

    Maharashtra CM makes case to bring back debt-ridden farmers into credit system      

    Devendra Fadnavis said out of the 1.36 crore farmers, 31 lakh had loan dues worth Rs 30,500 crore.

  • Farm loan waivers upset credit discipline: SBI Chairman Mar 15, 2017 02:02 PM IST

    Farm loan waivers upset credit discipline: SBI Chairman

    Ahead of the recently concluded assembly elections in Uttar Pradesh, the BJP had promised to bring in a loan waiver scheme for farmers in the state, if its voted to power.

  • HDFC Bank digitises over 1,200 dairy co-operatives Mar 09, 2017 08:36 AM IST

    HDFC Bank digitises over 1,200 dairy co-operatives

    The digitisation of dairy co-operatives has benefited 3.2 lakh farmers across 16 states, the private sector lender said in a statement here.

  • PNB disbursed Rs 157 cr to 1,476 farmers, SHGs in FY17: CEO Mar 07, 2017 10:16 PM IST

    PNB disbursed Rs 157 cr to 1,476 farmers, SHGs in FY17: CEO

    Punjab National Bank has disbursed Rs 157 crore to 1,476 farmers and Self Help Groups across the country so far this fiscal, its MD and CEO Usha Ananthasubramanian said today.

  • Rs 4,430 cr spent under MGNREGA in current FY: Raj govt Mar 07, 2017 10:38 AM IST

    Rs 4,430 cr spent under MGNREGA in current FY: Raj govt

    Replying to a question during the Question Hour, the minister said the state ranks fourth in the country in payment to labourers.

  • 'India needs to invest in agri for doubling farm income' Mar 07, 2017 10:02 AM IST

    'India needs to invest in agri for doubling farm income'

    "The doubling of farmers' income is possible if sufficient investment is made in modernisation, diversification and high value addition in Indian agriculture," Ney said at an event here on financing for agriculture.

  • Govt to finalise food processing policy by November: Badal Mar 06, 2017 03:47 PM IST

    Govt to finalise food processing policy by November: Badal

    Draft food processing policy unveiled; policy aims to position India as the most preferred investment destination for agribusiness and food processing with focus on reducing wastage and ensuring better prices for farmers

  • Modi govt waived loans of rich, not of farmers: Rahul Gandhi Mar 06, 2017 08:34 AM IST

    Modi govt waived loans of rich, not of farmers: Rahul Gandhi

    Seeking to strike a contrast, he said the previous UPA government headed by Manmohan Singh had waived the farmers' loans amounting to over Rs 70,000 crore within 10 days of coming to power.

  • PM Modi trying to spread hatred: Rahul Gandhi Mar 02, 2017 06:00 PM IST

    PM Modi trying to spread hatred: Rahul Gandhi

    Addressing an election rally here, the Congress leader alleged that Modi was trying to "spread hatred". He, however, did not elaborate.

  • Indra Nooyi meets Modi, offers help to meet 'development goals' Mar 02, 2017 05:22 PM IST

    Indra Nooyi meets Modi, offers help to meet 'development goals'

    In 2013, PepsiCo had announced that it would invest Rs 33,000 crore in India by 2020, one of its single largest investments in the country, to more than double the capacity of the business here.

  • Demonetisation hits tax collection in Odisha Feb 22, 2017 03:24 PM IST

    Demonetisation hits tax collection in Odisha

    "In the aftermath of withdrawal of Rs 1,000 and Rs 500 denominations, economic activity has been interrupted in the segments which are cash intensive," Governor S C Jamir said while addressing the state Assembly on the opening day of its budget session.

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