-The Hindu It also suggested that the Centre come forward to extend financial help to Tamil Nadu “during this difficult situation”. Chennai: Asserting that there is no rationale behind the classification of farmers into three groups for the purpose of granting farm loan waiver, and that there is no intelligible differentia taken note of by the State government, a Division Bench of the Madras High Court headed by Justice S. Nagamuthu has...
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Yogi waives farm Loans up to Rs. 1 lakh -Omar Rashid
-The Hindu The UP govt will also settle around Rs. 6,000 crore of NPAs of 7 lakh small and marginalised farmers. Lucknow: The Yogi Adityanath-led BJP government in Uttar Pradesh, at its first Cabinet meeting on Tuesday, announced its decision to waive farmers’ Loans worth Rs. 30,729 crore, writing off all farm Loans up to Rs. 1 lakh. The government will also settle around Rs. 6,000 crore of NPAs of seven lakh...
More »Swim against funding tide -Charu Sudan Kasturi
-The Telegraph New Delhi: A clutch of legal amendments the Narendra Modi government has introduced to allow corporate political donors to mask their contributions drags the world's largest democracy against global currents of rising transparency in electoral funding, analysts and activists have warned. From Brazil to Bangladesh, and Croatia to Cyprus, countries of diverse sizes and varied histories with democracy have over the past decade adopted laws and rules aimed at making...
More »UP govt to waive off agriculture Loans of 1.5 crore small farmers
-The Times of India VARANASI: Uttar Pradesh chief minister Aditya Nath Yogi would take the final call on waiving agriculture loan in the first meeting of his cabinet sometime this week. UP agriculture minister Surya Pratap Shahi said a list of 1.5 crore farmers has been finalised and sent to the chief minister. Farm loan waiver was one of the biggest pre-poll promises that the Bharatiya Janata Party had made to...
More »Does the Banking System Really Want to Help Farmers? -Devinder Sharma
-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their Loans are being waived off while waiving farming Loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
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