Farmer Loan Waivers

The Congress government in Telangana has waived crop loans to the tune of about Rs 18,000 crore benefitting 22 lakh farmers within 10 months after coming to power, Chief Minister A Revanth Reddy said on Saturday. He also claimed it to be the biggest crop loan waiver ever made by a state government in such a short period, in India since independence. CM Reddy said that he was ready for a debate on this feat with either PM Narendra Modi or BRS president K Chandrasekhar Rao. Addressing a public meeting at Mahabubnagar organised as part of the first anniversary celebrations of the Congress government in the state, CM Revanth Reddy said, with over Rs 2,747 crore released on Saturday, the government has waived loans to the tune of Rs 21,000 crore benefitting 25 lakh farmers' families. "Since Independence, is there any state in the country that waived loans to the tune of Rs 17,869 crore for over 22,22,062 farmers in 10 months? Are you ready for debate Narendra Modi ji or K Chandrasekhar .

The loan waiver is estimated to benefit 176,977 farmers in Jharkhand and cost the state exchequer over Rs 400 crore

Telangana government is all set to launch a farm loan waiver programme, part of its poll promise benefitting 70 lakh farmers, on Thursday, official sources said. Chief Minister A Revanth Reddy had earlier announced that the government would implement the loan waiver up to Rs 2 lakh by August 15. The loan waiver funds up to Rs one lakh will be deposited in the farmers' accounts at 4 pm on Thursday. The chief minister said Rs 7,000 crore in total would be credited to the accounts of farmers whose loans of up to Rs one lakh are being waived. Crop loans of up to Rs 1.5 lakh would be waived by the end of July, and the loan waiver process would be completed in August when loans of up to Rs two lakh are dispensed with. Reddy also suggested organising a gathering of farm loan waiver scheme beneficiaries at "Rythu Vedikas" and Ministers, MLAs and other public representatives of the respective districts should also attend and share the joy with the farmers. Ahead of the launching of the ...

Haryana waives crop loan interest in Budget; will discuss farmer issues: BKS

The Delhi Police has placed orders for more than 30,000 tear gas shells, an official said, as the force prepares to prevent Punjab farmers from entering the national capital under their 'Dilli Chalo' protest. Hundreds of farmers marching from Punjab have been stopped at the state's border with Haryana near Ambala, about 200 kilometers away from Delhi. Haryana security forces have used tear gas on them to try and disperse them. A Delhi Police source said they are determined to not let the protesters enter the national capital should they advance. As part of the preparation, the Delhi Police has already stocked up a large number of tear gas shells and ordered 30,000 more from the BSF's Tear Smoke Unit (TSU) located at Tekanpur in Madhya Pradesh's Gwalior, an official said. The freshly ordered shells are being brought to Delhi from Gwalior, he said. A tear gas shell is an anti-riot equipment which is used by security forces to disperse crowd. The gas brings tears by creating irritati

The scheme launched in 2018 provides farmers nationwide a total sum of Rs 6,000 annually in three equal installments of Rs 2,000

The study also found that waivers increased chances of willful default by farmers; 72-85% of respondents felt that they pushed honest farmers to default on farm loans

The government on Monday said there is no proposal under consideration to waive loans of farmers, including Scheduled Caste and Scheduled Tribe farmers.

The Punjab government on Wednesday announced waiver of Rs 590 crore worth of loans under the farm debt waiver scheme for labourers and the landless farming community.

Expecting the submission of the report of the Pay Commission soon, Badal said the recommendations of the pay panel will be implemented from July 1 this year

The move comes a few months ahead of assembly elections

Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year

This loan waiver comes over two years after the Rs 34,000 crore loan waiver announced by the then BJP-Sena government in 2017

Asserting that his party has always fulfilled its promises, he slammed the BJP-led government at the Centre for the "rise in unemployment" in the country

RBI panel says banks should partner agri-tech firms to provide quick loans to farmers

the Union minister said that unemployment is growing every year and youths in the state are going out of the state for jobs