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India becoming a drag on global economy? IMF says yes

The IMF cut its estimate citing a sharper-than-expected slowdown in local demand and stress in NBFC sector.

Farm loan waivers

Jan 20, 2020, 09.00 PM IST

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FARM LOAN WAIVERS

With new Maha offer, farm loan write-offs touch Rs 4.7 lakh cr in last 10 yrs

Even though agriculture NPA was only Rs 1.1 lakh crore or 12.4 per cent of the overall NPAs in FY19, if we accounted for Rs 3.14 lakh crore worth of farm loan waivers announced in the last decade, agri NPAs/burden for the exchequer/banks could be as much as staggering Rs 4.2 lakh crore and if the latest Rs 45,000-51,000 crore of write-offs announced by Maharashtra this could be at Rs 4.7 lakh crore.

Maharashtra farm loan waiver to cost Rs 45,000-51,000 crore: Report

In 2017-18, 44 lakh farmers got the maximum benefit of the loan waiver wh...

Maharashtra CM assures complete farm loan waiver

Thackeray's statement came a day after the Shiv Sena- led government formally approved a loa...

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