Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | Farmers package in the works: Income support scheme and interest-free loans -George Mathew &amp; Sunny Verma    </title>
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As there are 21.6 crore small and marginal farmers &mdash; most of whom are not in a position to repay the loan or put collateral &mdash; such a scheme is the only way to support their fund requirements,..."/>
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    <h1 class="cat-box-title">Farmers package in the works: Income support scheme and interest-free loans -George Mathew &amp; Sunny Verma</h1>
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		 Published on</span><span class="text-date"> Jan 15, 2019</span>
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                            <div align="justify">-The Indian Express<br /><br /><em>As there are 21.6 crore small and marginal farmers &mdash; most of whom are not in a position to repay the loan or put collateral &mdash; such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. <br /><br />Mumbai: </em>The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral and an income support scheme.<br />Advertising<br /><br />Sources said the Agriculture Ministry, in consultation with Niti Aayog, is working on the broad contours of a plan that includes measures to provide income support and funding relief to small and marginal farmers, including the possibility of interest-free loans of up to Rs 3 lakh to this segment.<br /><br />The government already provides an interest subsidy to farmers who repay their loans on time. While banks have traditionally been reluctant to give interest-free loans, they are likely to go ahead if the government were to reimburse the interest component.<br /><br />The proposals could be announced in the interim budget or even earlier. A senior official said that banks have had consultations with Ministry officials. Another proposal that was discussed is collateral-free loans for farmers. This loan could be up to Rs 2 or 3 lakh. However, banks are not comfortable with collateral-free loans unless steps like a credit guarantee mechanism are put in place by the government. Bankers and the Reserve Bank of India are against loan waivers by states. RBI Governor Shaktikanta Das had said any generalised farm loan waiver would adversely impact the credit culture and behaviour of borrowers.<br /><br />Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for &ldquo;new schemes&rdquo;, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said.<br /><br />Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for &ldquo;new schemes&rdquo;, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said.<br /><br />Please <a href="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/" title="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/" class="re" target="_blank">The Indian Express, 15 January, 2019, https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/</a><div class="clear"></div>
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    <h1 class="cat-box-title">Farmers package in the works: Income support scheme and interest-free loans -George Mathew &amp; Sunny Verma</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>As there are 21.6 crore small and marginal farmers &mdash; most of whom are not in a position to repay the loan or put collateral &mdash; such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. <br /><br />Mumbai: </em>The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral and an income support scheme.<br />Advertising<br /><br />Sources said the Agriculture Ministry, in consultation with Niti Aayog, is working on the broad contours of a plan that includes measures to provide income support and funding relief to small and marginal farmers, including the possibility of interest-free loans of up to Rs 3 lakh to this segment.<br /><br />The government already provides an interest subsidy to farmers who repay their loans on time. While banks have traditionally been reluctant to give interest-free loans, they are likely to go ahead if the government were to reimburse the interest component.<br /><br />The proposals could be announced in the interim budget or even earlier. A senior official said that banks have had consultations with Ministry officials. Another proposal that was discussed is collateral-free loans for farmers. This loan could be up to Rs 2 or 3 lakh. However, banks are not comfortable with collateral-free loans unless steps like a credit guarantee mechanism are put in place by the government. Bankers and the Reserve Bank of India are against loan waivers by states. RBI Governor Shaktikanta Das had said any generalised farm loan waiver would adversely impact the credit culture and behaviour of borrowers.<br /><br />Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for &ldquo;new schemes&rdquo;, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said.<br /><br />Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for &ldquo;new schemes&rdquo;, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said.<br /><br />Please <a href="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/" title="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/" class="re" target="_blank">The Indian Express, 15 January, 2019, https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/</a><div class="clear"></div>
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As there are 21.6 crore small and marginal farmers &mdash; most of whom are not in a position to repay the loan or put collateral &mdash; such a scheme is the only way to support their fund requirements,..." />
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    <h1 class="cat-box-title">Farmers package in the works: Income support scheme and interest-free loans -George Mathew &amp; Sunny Verma</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>As there are 21.6 crore small and marginal farmers &mdash; most of whom are not in a position to repay the loan or put collateral &mdash; such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. <br /><br />Mumbai: </em>The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral and an income support scheme.<br />Advertising<br /><br />Sources said the Agriculture Ministry, in consultation with Niti Aayog, is working on the broad contours of a plan that includes measures to provide income support and funding relief to small and marginal farmers, including the possibility of interest-free loans of up to Rs 3 lakh to this segment.<br /><br />The government already provides an interest subsidy to farmers who repay their loans on time. While banks have traditionally been reluctant to give interest-free loans, they are likely to go ahead if the government were to reimburse the interest component.<br /><br />The proposals could be announced in the interim budget or even earlier. A senior official said that banks have had consultations with Ministry officials. Another proposal that was discussed is collateral-free loans for farmers. This loan could be up to Rs 2 or 3 lakh. However, banks are not comfortable with collateral-free loans unless steps like a credit guarantee mechanism are put in place by the government. Bankers and the Reserve Bank of India are against loan waivers by states. RBI Governor Shaktikanta Das had said any generalised farm loan waiver would adversely impact the credit culture and behaviour of borrowers.<br /><br />Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for &ldquo;new schemes&rdquo;, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said.<br /><br />Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for &ldquo;new schemes&rdquo;, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said.<br /><br />Please <a href="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/" title="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/" class="re" target="_blank">The Indian Express, 15 January, 2019, https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/</a><div class="clear"></div>
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Farmers package in the works: Income support scheme and interest-free loans -George Mathew & Sunny Verma

Published on Jan 15, 2019   Modified on Jan 15, 2019

-The Indian Express As there are 21.6 crore small and marginal farmers — most of whom are not in a position to repay the loan or put collateral — such a scheme is the only way to support their fund requirements, apart from ensuring market prices for their produce. Mumbai: The NDA government is considering a package of proposals for the distressed agriculture sector that includes interest-free loans, loans without collateral and an income support scheme. Advertising Sources said the Agriculture Ministry, in consultation with Niti Aayog, is working on the broad contours of a plan that includes measures to provide income support and funding relief to small and marginal farmers, including the possibility of interest-free loans of up to Rs 3 lakh to this segment. The government already provides an interest subsidy to farmers who repay their loans on time. While banks have traditionally been reluctant to give interest-free loans, they are likely to go ahead if the government were to reimburse the interest component. The proposals could be announced in the interim budget or even earlier. A senior official said that banks have had consultations with Ministry officials. Another proposal that was discussed is collateral-free loans for farmers. This loan could be up to Rs 2 or 3 lakh. However, banks are not comfortable with collateral-free loans unless steps like a credit guarantee mechanism are put in place by the government. Bankers and the Reserve Bank of India are against loan waivers by states. RBI Governor Shaktikanta Das had said any generalised farm loan waiver would adversely impact the credit culture and behaviour of borrowers. Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for “new schemes”, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said. Government sources said the Finance Ministry has already asked various ministries and departments to detail their funding required for “new schemes”, as part of its preparations for the Budget likely on February 1. Funding allocation for new schemes is expected to include income support measures for the small farmers. The government, however, is yet to work out whether complete interest waiver on loans will be provided to all farmers or only those who repay on time, a senior official said. Please click here to read more.

The Indian Express, 15 January, 2019, https://indianexpress.com/article/india/farmers-package-in-the-works-income-support-scheme-and-interest-free-loans-5538536/

Tagged with: Small and Marginal Farmers Debt Relief debt waiver scheme Farm Loan Waiver Loan Waiver Collateral-free Loans Interest-free loans

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