Farmer Loan

Farmer Loan News

Uddhav Thackeray-led Maharashtra govt says farmers whose crop loan exceed Rs 2 lakh ineligible for loan waiver scheme
India

Uddhav Thackeray-led Maharashtra govt says farmers whose crop loan exceed Rs 2 lakh ineligible for loan waiver scheme

Farmers whose crop loan, taken between April 2015 and March 2019, is more than Rs two lakh, will not be eligible for the loan waiver scheme announced by the Uddhav Thackeray-led 'Maha Vikas Aghadi' government in Maharashtra last week

Maharashtra election: Yavatmal farmer's widow, who contested LS polls, says more cultivators being pushed into moneylenders' web
India

Maharashtra election: Yavatmal farmer's widow, who contested LS polls, says more cultivators being pushed into moneylenders' web

Vaishali Yede gained a measure of fame for having delivered a heart-wrenching speech at the Marathi Literary Festival.

Maharashtra polls: Inadequate, untimely crop loans in Latur force hapless farmers into arms of high-interest money lenders
India

Maharashtra polls: Inadequate, untimely crop loans in Latur force hapless farmers into arms of high-interest money lenders

If a farmer borrows Rs 1 lakh from a sahucar, he is likely to be charged anywhere between Rs 36,000 to Rs 1.2 lakh an interest each year. In Latur, targeted crop loan disbursement was almost Rs 1,900 crore for the Kharif season. The disbursement, however, is 55 percent; In Marathwada, the number stands at 31 percent.

Two farmers in Maharashtra's Buldhana end their lives, police say suicides were due to difficulties in loan repayment
India

Two farmers in Maharashtra's Buldhana end their lives, police say suicides were due to difficulties in loan repayment

Two debt-ridden farmers allegedly committed suicide in Buldhana district of Maharashtra

Amit Shah says prerogative of state govts to decide on farm loan waiver
India

Amit Shah says prerogative of state govts to decide on farm loan waiver

BJP chief Amit Shah Saturday said the Centre has nothing to do with farmers' loan waiver and it is for state governments to decide on the issue

RBI, Nabard examining errors in farm debt waiver scheme: FM
Economy

RBI, Nabard examining errors in farm debt waiver scheme: FM

Amid CAG pointing to errors in implementation of the farm debt waiver scheme, government today said RBI and Nabard are examining the case and action will be taken against banks found involved in irregularities and the ineligible beneficiaries.