-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...

-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...

-Livemint.com Narendra Modi’s election promise in Uttar Pradesh comes back to haunt as other states demand the Union govt offer an agriculture bailout package across the country New Delhi: An election promise to farmers in the politically sensitive state of Uttar Pradesh is coming back to haunt Prime Minister Narendra Modi, as other states demand the Union government offer an agriculture bailout package across the country. During the hard-fought election campaign, Modi pledged...

-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...

-TheWire.in Banks are deducting ‘crop insurance premiums’ from farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...