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...
Why BJP didn't grant full farm loan waiver when in power, asks Shiv Sena
In a veiled attack on the BJP-led central government, the Shiv Sena, in its party mouthpiece 'Saamana', noted that the Thackeray government took the decision of farm loan waiver at a time when the country is "burning" over the issue of the Citizenship (Amendment) Act.
Maharashtra: Farmers whose crop loan exceeds Rs 2 lakh ineligible for waiver
Farmers, whose crop loan and restructured loan is more than Rs two lakh will not be eligible for any benefit under the scheme, a Government Resolution (GR) issued here on Saturday said.
Maharashtra govt announces loan waiver upto Rs 2 lakh for farmers
NAGPUR: The Maharashtra government on Saturday announced a loan waiver of upto Rs two lakh for farmers, with a cut off date of September 30,...
Maharashtra CM announces loan waiver upto Rs 2 lakh for farmers
"Crop loans outstanding upto September 30, 2019, will be waived by my government. The upper ceiling for the amount is Rs two lakh. The scheme will be called Mahatma Jyotirao Phule loan waiver scheme," Uddhav Thackeray said.
Getting Maharashtra economy past USD 1 trillion mark tough: Jayant Patil
Jayant Patil said Maharashtra's economy was growing at 7 per cent and to achieve the USD one trillion mark, it would have to accelerate at 15 per cent annually, which seems improbable.
No proposal for education loans waiver, says govt
In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from Rs 67,685.59 crore to Rs 75,450.68 crore in September 2019, as per data provided by public sector banks. More than 90 per cent of these accounts are standard as on March 31 this year, Finance Minister Nirmala Sitharaman told the Lok Sabha.
Congress manifesto for Jharkhand polls promises farm loan waiver, anti-lynching law
Besides the loan waiver assurance, the manifesto - released by AICC in-charge RPN Singh - pledged to free farmers from the clutches of money lenders and make the process of institutional loans easier.
Rahul promises Rs 2 lakh loan waiver,Rs 2,500 MSP for paddy if opposition alliance voted to power
Addressing a poll meeting in Rajmahal in support of JMM candidate Ketubbudin Sheikh, Gandhi said farmers would receive a minimum support price (MSP) of Rs 2,500 for every quintal of paddy, if the Cong-JMM-RJD coalition wins majority.
Kamal Nath to launch second phase of loan waiver on Tuesday, BJP says only half of Rahul Gandhi’s promise fulfilled
Loans of Rs 11,675 crore will be waived in this phase, after the first phase saw waiver of farm loans of Rs 7,154 crore, in accordance with the promise made by Congress leader Rahul Gandhi in the run-up to the election. Around 1.2 million farmers will benefit in the second phase of farm loan waiver in the state.
From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side of the evolving rural India scene.
MVA government to waive farmers' loans, ensure 80 pc jobs to locals
The programme consists of complete loan waiver to farmers in the state as well as one rupee clinic across the state, which will provide basic screening of people across the state, they said.
300 Maharashtra farmers killed selves in November while parties jostled for power
Between October and November last year, the number of cases rose 61%, shows the latest revenue department data. The state recorded 186 farmer suicides in October. The cases rose by another 114 in November. The drought-prone belt of Marathwada recorded the highest number of 120 cases in November 2019 while Vidarbha recorded 112 cases.
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