-The Telegraph New Delhi: If the Narendra Modi government caves in and grants a nationwide farm loan waiver, the tab could surge to a whopping Rs 3 lakh crore, dwarfing the UPA's initiative in 2008 that cost a little over Rs 52,000 crore. "We have warned that the exchequer will go bust if we grant a general amnesty on farm loans, which will cost over Rs 3 lakh crore," a senior finance...
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Chouhan to fast & hold talks with farmers -Rasheed Kidwai
-The Telegraph Bhopal (Madhya Pradesh): Chief minister Shivraj Singh Chouhan today invited the leaders of the agitating farmers for talks tomorrow, while arson attacks continued at many places in Madhya Pradesh and another death was reported from protest hub Mandsaur. Ghanashyam Dhakad, a 26-year-old farmer, was said to be on his way to a temple last night when some policemen allegedly thrashed him with sticks. He was declared dead this morning at...
More »Maharashtra farmers call bandh -Alok Deshpande
-The Hindu Deny Maharashtra Chief Minister’s claim that strike has been called off. Mumbai: Unanimously agreeing to continue the farmers’ strike in Maharashtra, a core committee meeting in Nasik on Sunday decided to call a State-wide bandh on Monday, excluding Mumbai. Farmers began their strike on Thursday demanding farm loan waiver and support price for their produce. In a meeting with Chief Minister Devendra Fadnavis on Saturday morning, a section of farmer leaders...
More »Devendra Fadnavis waives farm loans of Rs 30,000 crore, but protests spread -Shubhangi Khapre & Parthasarathi Biswas
-The Indian Express Devendra Fadnavis said, “The loan waiver, which will come into force by October 31, 2017, will be restricted to small and marginal farmers with land holdings of five acres.” Pune: In the face of spiralling protests across Maharashtra, Chief Minister Devendra Fadnavis on Saturday announced a farm loan waiver of Rs 30,000 crore, the biggest such write-off for farmers in the state. But by afternoon, it was clear that...
More »GDP flop-show: Manmohan Singh has the last laugh in war of words with Narendra Modi over note ban -Dinesh Unnikrishnan
-Firstpost.com If one purely compare the January-March quarter GDP growth of fiscal year 2017 and fiscal year 2016, former Prime Minister Manmohan Singh’s prediction that demonetisation will shave off 2 percentage points of India’s GDP has come true. In the January-March quarter of FY16, GDP grew by 9 percent, which has come down to 6.1 percent in the corresponding quarter this year— a near 3 percentage point difference. Even the full...
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