Farm Loan Waiver

BS Yeddyurappa announces loan waiver for farmers, urges MLAs to listen to their inner voice

BS Yeddyurappa, who took over as the Chief Minister of Karnataka amid a high political drama, has announced a farm loan waiver up to Rs 1 lakh. 

May 17, 2018, 12:18 PM IST

Karnataka polls: JD(S) releases manifesto, promises farm loan waiver, offers sops to women

Janata Dal(Secular) on Monday released its manifesto that promised a plethora of sops and freebies.

May 07, 2018, 17:47 PM IST

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

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%

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

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

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

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

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

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

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 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