Farm Loan Waivers

Zero electricity bill, tax tweaks: Govt's 100-day agenda, budget wish list

From a long-term perspective, however, the focus, Mirae Asset said, would be on infrastructure development, farm laws, skill development, and creating employment

Cong promises farm loan waiver in MP if elected in 2023 polls: Kamal Nath

The Congress in Madhya Pradesh has promised that if it is voted to power in the state Assembly polls next year, it would reintroduce the farm loan waiver scheme which it had brought after forming a government in 2018. The party's state unit president and former chief minister Kamal Nath made this announcement on Saturday evening, when he also said that the farm loan of every farmer in the state would have been cleared by now if his government was at the helm. Ahead of the last Assembly polls, Congress leader Rahul Gandhi had promised to implement a farm loan waiver scheme in the state if the party came to power. The party delivered on its promise as Kamal Nath signed the file for waiving loans of up to Rs 2 lakh soon after taking oath as the chief minister in December 2018. It is widely believed that the grand old party's promise of farm loan waiver was one of the major factors behind its victory. Sharing the order of the loan waiver scheme issued on December 17, 2018, the day he ..

Incomes and household expenses of farmers rise post loan waivers: Study

The study found no major change in size of holdings in Punjab and UP farms post waiver, which showed no impact of the scheme on the land holding status of beneficiaries

Loan waiver, robust procurement help Yogi weather the farm storm

Of the 23 million farming households in UP, almost 21 million, or more than 90 per cent, are of small and marginal farmers with fragmented land holdings, living on low farm income

Farm loan waivers must be targeted; amounts should be released quickly: Das

Such write-offs of loans affect the capability of farmers to access debt for the next season in time, the RBI governor added

Farm loan write-offs touch Rs 4.7 trillion in last 10 years, says report

Most of these write-offs have been only in paper as actual write-offs have not been more than 60%

Rising fiscal fears

A comprehensive review is needed

Top 12 corporate NPAs cost exchequer twice as much as farm loan waivers

If recapitalisation of banks is welcomed, a farm loan waiver should be as acceptable

Income support better option than loan waivers, says India Ratings

The support would cost the Centre exchequer Rs 1.47 trillion.

Did the bias in farm loan waivers drive PM Modi to shoot them down?

Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren

MP, Rajasthan, Chhattisgarh farm loan waivers to cut states' capex: Report

More such sops are likely from AP, Haryana and Odisha, which have a fair share of agri credit and are poll-bound along with the national elections

Beyond waivers

Farm loan politics will be counter-productive

Jaitley slams Rahul for making shallow poll promises of farm' loans waivers

Jaitley also hit out at the Congress over making unemployment an election issue

States plough on under yoke of farm loan waivers; farmers plan agitation

Rajasthan has been the slowest in processing farm loan waivers; out of allocated Rs 20 billion, the state is yet to process any claim

Farm loan waivers a fiscal threat

A reading of the budgets of 29 states shows that the combined fiscal deficit of states for FY18 has been pegged at 2.7 per cent (Rs 4.48 lakh crore) of GDP

After Maharashtra & UP, Rajasthan becomes 3rd BJP state to waive farm loans

Over 9 years to March 2017, central and state govts waived Rs 88,988 cr in loans to 48.6 mn farmers

Higher prices could lower clamour for farm loan waivers

A waiver could, at best, give a temporary respite, at the cost of the exchequer

Farm loan waivers a quick-fix, may have adverse impact: RBI warns Modi govt

States including UP and Maharashtra have announced farm loan waivers adding up to Rs 1.3 trillion

Farm loan waivers may result in fiscal slippages, spike inflation: RBI

Centre clarified that states would have to find their own resources to fund loan waivers

Farm loan waivers pose a threat to asset quality

HDFC Bank, IndusInd Bank and RBL Bank's Q1 show suggests more pain ahead from agri loans