Why collateral-free loans up to Rs 50 lakh is a high-risk idea to implement in slowdown-hit Indian economy
If the government has made up it’s mind to give away large collateral-free loans o entrepreneurs, it should also work out a mechanism to make sure this money is spent well for the stated purpose
BJP takes contrasting path to growth, poverty alleviation, pits top-down aspirations against Congress' bottom-up handouts
If you look beyond the slogans and an impressive rain of data by Narendra Modi's colleagues at the launch of the BJP manifesto, the real deal is that there is a more-of-the-same flavour in Modi's to-do list
Budget 2019: Govt may hike farm credit target by about 10 percent to record Rs 12 lakh crore
For the current fiscal, the government has set a credit target of Rs 11 lakh crore
Budget 2018: Agri-related stocks surge 10% after Arun Jaitley announces sops for farmers
Shares of agriculture-related stocks surged up to 10 percent after Arun Jaitley said that Budget 2018-19 will focus on strengthening agricultural economy
Budget 2018 may hike agriculture credit target to Rs 11 lakh cr as govt aims to get higher farm output
The govt has been providing interest subvention to make available short-term farm credit at an affordable rate and help boost farm output
With drought looming, political pressure builds up on banks to raise farm lending
Distressed farmers indeed need support, but repeatedly pushing banks to meet farm credit targets, without assessing the risk, is a perfect recipe to create a farm loan bubble.
Farm lending in India is a puzzle; FM must solve it before giving targets for banks
The only option is to plug the leakages in the credit disbursal system to ensure that the loans reach the intended beneficiary