Farm Loan Waiver

Quick fix farm loan waivers should be replaced with policy: Urjit Patel

Quick fix farm loan waivers should be replaced with policy: Urjit Patel

The Reserve Bank of India (RBI) Governor said that many elements of this optimal approach are well known -- crop insurance, infrastructure, irrigation, technology-enabled productivity improvements and opening up the farm economy to market forces and open trade. 

Sep 01, 2017, 17:46 PM IST

Economic Survey warns against spate of farm loan waivers

Farm loan waiver has been presumed to be inflationary. But the short-term consequences are likely to be "quite deflationary", it said.

Aug 11, 2017, 16:52 PM IST
Govt has not written off single rupee of corporate loans: FM

Govt has not written off single rupee of corporate loans: FM

He told the Lok Sabha that writing off a loan was a commercial decision of banks and added that there has been no scheme of farm loan waiver by the Centre since 2014.

Aug 11, 2017, 14:37 PM IST

Farm loan waiver should not become a policy: Bimal Jalan

RBI Governor Urjit Patel and SBI Chairperson Arundhati Bhattacharya have also earlier said farm loan waivers should not become a practice as they result in fiscal slippages.

Aug 09, 2017, 15:44 PM IST
Farm loan waivers has HDFC Bank doubling provisions,net up 20.2%

Farm loan waivers has HDFC Bank doubling provisions,net up 20.2%

The higher bad loans had the bank making higher provisions which almost doubled, which led it miss the street estimate on the bottom line.

Jul 24, 2017, 16:46 PM IST
UP budget presented, provides for Rs 36,000cr farm loan waiver

UP budget presented, provides for Rs 36,000cr farm loan waiver

The farm loan waiver was a major promise in the BJP's election manifesto and the fulfilment of the commitment was a big challenge before the Adityanath government, which has just completed 100 days in office.

Jul 11, 2017, 13:33 PM IST
Maharashtra CM Devendra Fadnavis announces Rs 34,000 crore farm loan waiver; MLAs to donate a month's salary

Maharashtra CM Devendra Fadnavis announces Rs 34,000 crore farm loan waiver; MLAs to donate a month's salary

In a big relief to the farmers in the state, the Maharashtra Cabinet on Saturday announced to waive off a farm loan package of Rs 37,000 crore. 

Jun 24, 2017, 16:29 PM IST
Seeking loan waiver has become fashion these days: Venkaiah Naidu

Seeking loan waiver has become fashion these days: Venkaiah Naidu

Union Minister Venkaiah Naidu on Thursday said that waiving of crop loans has become a fashion these days.

Jun 22, 2017, 11:50 AM IST
Maharashtra govt announces loan waiver for small, marginal farmers in view of hardships

Maharashtra govt announces loan waiver for small, marginal farmers in view of hardships

The decision comes a day after the Devendra Fadnavis-led government set up a six-member team of ministers to look into the farmers' demands.

Jun 11, 2017, 17:41 PM IST
Farm loan waivers increase risk of fiscal slippages, higher inflation: RBI

Farm loan waivers increase risk of fiscal slippages, higher inflation: RBI

Raising its concern on state governments waiving off farm loans, the Reserve Bank of India (RBI) on Wednesday said that such actions increase the risk of slippages and contribute to inflation sooner or later.

Jun 07, 2017, 19:10 PM IST
Arun Jaitley says no plan to tax farm income

Arun Jaitley says no plan to tax farm income

India`s finance minister Arun Jaitley said on Wednesday that the government has no plans to tax agricultural income, a day after a senior economic adviser touched a political nerve by proposing farmers pay income tax like people in cities.

Apr 26, 2017, 20:59 PM IST
Punjab CM Amarinder Singh says he is 'committed' to farm loan waiver

Punjab CM Amarinder Singh says he is 'committed' to farm loan waiver

Punjab Chief Minister Amarinder Singh on Saturday said he is committed to farm loan waiver and his government would soon find ways and means to bail out the debt-ridden farmers-- with or without the Centre's aid.

Apr 08, 2017, 16:51 PM IST

Govt non-committal on granting nationwide farm loan waiver

The government on Friday remained non-committal on whether to follow the erstwhile UPA dispensation's decision to grant a farm loan waiver across the country, after the Congress made the demand in Rajya Sabha.

Apr 07, 2017, 17:02 PM IST

Punjab CM Amarinder Singh meets PM Modi, bats for farm loan waiver

Punjab Chief Minister Amarinder Singh today met Prime Minister Narendra Modi and made a strong pitch for a one-time loan waiver for the debt-ridden farmers of the state.

Mar 22, 2017, 22:41 PM IST

NCP does not join Congress in protest against farm loan waiver

Strains were evident in opposition ranks when NCP did not join the Congress in the Maharashtra Legislative Assembly to protest against the government over demand to write off farm loans.

Jul 16, 2015, 18:04 PM IST

Andhra Pradesh govt to waive farm loans of up to Rs1.5 lakh per family

Andhra Pradesh Government on Monday announced it would waive farm loans of up to Rs 1.5 lakh per family, a move that is likely to impose a financial burden of Rs 35,000 crore on the cash-starved state exchequer.

Jul 22, 2014, 00:16 AM IST

Rs 230 cr irregularities found in farm loan waiver scheme: FM

Irregularities to the tune of Rs 230 crore have been found in the farm loan waiver scheme and action is being take in this regard, Finance Minister P Chidambaram said on Tuesday.

Aug 27, 2013, 14:31 PM IST

Farm loan waiver scam: PM promises action

With the opposition targeting the government on alleged irregularities in the farm loan waiver scheme, Prime Minister Manmohan Singh Wednesday promised "stringent possible action" against defaulters, if any.

Mar 06, 2013, 12:57 PM IST

Farm loan waiver a `massive scam`: BJP

Citing the CAG report on farm loan waiver, BJP alleged that a fresh scam of over Rs 10,000 crore has surfaced in the implementation of the scheme.

Mar 05, 2013, 20:06 PM IST

Reddy questions Naidu`s promise of farm loan waiver

Andhra Pradesh Chief Minister N Kiran Kumar Reddy on Friday questioned the TDP chief N Chandrababu Naidu`s promise of farm loan waiver if TDP came to power in AP and said such a move was not feasible.

Mar 01, 2013, 23:32 PM IST