Loan Waiver

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Loan Waiver - Total results - 185
Amid COVID-19 crisis, off-budget borrowings to fund ambitious welfare schemes, poor GST support from Centre put state finances in peril
Business

Amid COVID-19 crisis, off-budget borrowings to fund ambitious welfare schemes, poor GST support from Centre put state finances in peril

Sops like farm loan waivers, cushioning power sector losses and assorted income support schemes have started haunting state exchequers as many punched way above their financial might before the devastating strike of COVID-19.

Shiv Sena-led Maharashtra govt announces new farm loan waiver of up to Rs 2L, meal for Rs 10 at state-sponsored outlets
India

Shiv Sena-led Maharashtra govt announces new farm loan waiver of up to Rs 2L, meal for Rs 10 at state-sponsored outlets

Chief Minister Uddhav Thackeray also announced restructuring the outstanding loans of farmers from October 2019.

Farmers' issue limited to advertisements, billboards under Yogi Adityanath in Uttar Pradesh, says Priyanka Gandhi Vadra
Politics

Farmers' issue limited to advertisements, billboards under Yogi Adityanath in Uttar Pradesh, says Priyanka Gandhi Vadra

Priyanka Gandhi Vadra on Wednesday said that BJP-led Uttar Pradesh government is only paying lip service to farmers' problem and its interest is only limited to advertisements and billboards

Ahead of Assembly polls, Haryana govt waives Rs 4,750-cr interest, penalty on crop loans
India

Ahead of Assembly polls, Haryana govt waives Rs 4,750-cr interest, penalty on crop loans

Ahead of assembly polls, the BJP-led Haryana government on Monday announced Rs 4,750-crore interest and penalty waiver on crop loans taken from cooperative banks.

Farmer commits suicide in Rajasthan; family members claim he was stressed because of debt
India

Farmer commits suicide in Rajasthan; family members claim he was stressed because of debt

Whereas the family members claimed debt was behind Netram's suicide, Marudhara Gramin Bank manager Jagroop Singh denied the same, saying, "We haven't sent any bank notice to Netram in past few months; he is our regular customer, why would we bother our regular customers by sending a notice? His account currently holds Rs 3 lakh approximately."

Kamal Nath says loans of over 21 lakh MP farmers waived by his govt; Congress dumps 'proof' outside Shivraj Singh Chouhan's home
Politics

Kamal Nath says loans of over 21 lakh MP farmers waived by his govt; Congress dumps 'proof' outside Shivraj Singh Chouhan's home

Madhya Pradesh chief minister Kamal Nath on Tuesday said crop loans of over 21 lakh farmers have been cleared so far by his government, and rejected the BJP's claim of the Congress not fulfilling its pre-poll promise on loan waiver.

Protesting farmers lift blockade from Delhi-Amritsar railway tracks after court directs Punjab govt to look into demands
India

Protesting farmers lift blockade from Delhi-Amritsar railway tracks after court directs Punjab govt to look into demands

Farmers squatting on the Amritsar-Delhi rail tracks called off their agitation following the intervention of the high court, which asked the state government to look into their demands

8 trains cancelled, 24 diverted as farmers block Amritsar-Delhi line; loan waiver, payment of sugarcane crop among key demands
India

8 trains cancelled, 24 diverted as farmers block Amritsar-Delhi line; loan waiver, payment of sugarcane crop among key demands

Eight trains were cancelled and 24 were diverted on Tuesday as farmers continued their protest on the Amritsar-Delhi rail track in Jandiala in Amritsar

Loan waiver, income scheme for farmers attractive from political outlook, but will damage economy in long-term
Business

Loan waiver, income scheme for farmers attractive from political outlook, but will damage economy in long-term

In April 2017, Uttar Pradesh announced a farm loan waiver for small and marginal farmers costing Rs 36,400 crore.

Splurging money on mega welfare schemes sans planning not wise, govt should find a way to make them productive
Business

Splurging money on mega welfare schemes sans planning not wise, govt should find a way to make them productive

This is where the government’s planners have evidently lost their sense of proportion, their perspective of right and wrong, and also of what is good for India.

Telangana Budget 2019: Govt presents Rs 1.82 lakh cr Vote on Account; fiscal deficit will decline to Rs 27,748 cr
Business

Telangana Budget 2019: Govt presents Rs 1.82 lakh cr Vote on Account; fiscal deficit will decline to Rs 27,748 cr

The Telangana government proposed to waive all agriculture term loans up to Rs 1 lakh outstanding as on 11 December, 2018.

Budget 2019: Piyush Goyal announces 12 crore bonanza for distressed farmers, govt to give Rs 6,000 per year to buy inputs
Business

Budget 2019: Piyush Goyal announces 12 crore bonanza for distressed farmers, govt to give Rs 6,000 per year to buy inputs

The Centre announced direct income support of Rs 6,000 per year to farmers holding cultivable land up to two hectare, a move that would benefit 12 crore farmers and cost the exchequer Rs 75,000 crore annually

Punjab CM Amarinder Singh says his govt's loan waiver scheme is 'not enough' to alleviate farmers' sufferings
India

Punjab CM Amarinder Singh says his govt's loan waiver scheme is 'not enough' to alleviate farmers' sufferings

Punjab chief minister Amarinder Singh on Thursday lashed out at the Central government for not helping agricultural labourers and farmers and acknowledged that his government's debt waiver scheme was not enough to assuage the sufferings of debt-ridden farmers.

Govt unlikely to get into a twist over budget propriety by replacing fertiliser subsidy with cash transfers
Business

Govt unlikely to get into a twist over budget propriety by replacing fertiliser subsidy with cash transfers

This year’s budgeted fertiliser subsidy is Rs 70,079 crore. So there will be a change in the form of expenditure, but not of substance.

Madhya Pradesh CM Kamal Nath launches Rs 50,000-crore farm loan waiver scheme; says it'll benefit 55 lakh people
India

Madhya Pradesh CM Kamal Nath launches Rs 50,000-crore farm loan waiver scheme; says it'll benefit 55 lakh people

Madhya Pradesh CM Kamal Nath launched the Rs 50,000-crore farm debt-waiver scheme, the Jai Kisan Rin Mukti Yojana, which would benefit 55 lakh small and marginal farmers.

Narendra Modi in Jharkhand says Congress considers farmers to be vote bank, alleges party misguiding them in the name of waivers
India

Narendra Modi in Jharkhand says Congress considers farmers to be vote bank, alleges party misguiding them in the name of waivers

Prime Minister Narendra Modi said in Jharkhand that the Congress party considers farmers as a vote bank and is misguiding them in the name of loan waivers.

Chhattisgarh chief minister Bhupesh Baghel says 'no question' of withdrawing security forces from Naxal-affected areas
India

Chhattisgarh chief minister Bhupesh Baghel says 'no question' of withdrawing security forces from Naxal-affected areas

Bhupesh Baghel took charge as chief minister a week ago after the Congress posted a landslide victory in the just held Assembly polls in Chhattisgarh.

Farmers' crisis, agriculture will be focus of 2019 polls and not Ram Mandir, says All India Kisan Sabha leader Hannan Mollah
India

Farmers' crisis, agriculture will be focus of 2019 polls and not Ram Mandir, says All India Kisan Sabha leader Hannan Mollah

AIKS general secretary and eight-time MP from West Bengal, Hannan Mollah said agriculture would be a significant issue ahead of the 2019 Lok Sabha elections, not the Ram Mandir controversy, because the Narendra Modi government has failed on its promises to implement the recommendations of the Swaminathan Committee in letter and spirit and waive farm loans.

'Farmers have realised only agitation, not reasoning will lead to action': MS Swaminathan extends support to march
India

'Farmers have realised only agitation, not reasoning will lead to action': MS Swaminathan extends support to march

Professor MS Swaminathan, better known as the 'Father of the Green Revolution', spoke in support of the Kisan Mukti March (farmers' freedom march) in Delhi on Friday.

Amitabh Bachchan clears loans of over 1,300 Uttar Pradesh farmers, invites 70 of them to Mumbai
India

Amitabh Bachchan clears loans of over 1,300 Uttar Pradesh farmers, invites 70 of them to Mumbai

Amitabh Bachchan completed the loan payment process and invited 70 farmers to Mumbai by blocking an entire train compartment for them to personally give away the bank letters.