-PTI NEW DELHI: Finance minister Arun Jaitley today ruled out farm loan waivers by the Centre but said states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. "This issue (loan waiver) has cropped up in several states. The Centre has its policies for agriculture sector under which we provide interest subvention and other...
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Direct transfer, 2 lakh sale points: Big fertiliser subsidy reform rollout in June -Harish Damodaran
-The Indian Express Under the proposed system, payment of subsidy is to be based on weekly settlement of claims from actual sales data captured on POS machines. Buoyed by its landslide win in the recent Uttar Pradesh assembly elections, the Narendra Modi government has decided to fast-track the implementation of the direct benefit transfer (DBT) system for payment of fertiliser subsidy to farmers. From the coming kharif season, beginning June, the Rs...
More »Farm loan waiver is no solution to farmers' woes -Tamal Bandyopadhyay
-Livemint.com The focus should be more on making the prime minister’s crop insurance scheme a success than demanding farm loans waivers from banks Last week, the Indian National Congress at the Maharashtra assembly submitted a breach of privilege notice against State Bank of India chairman Arundhati Bhattacharya for “insulting farmers and the House” by her remarks on farm loan waiver. The leader of the opposition in the state assembly, Radhakrishna Vikhe Patil,...
More »Centre initiates discussion on farm loan waiver
-PTI Maharashtra, TN among States seeking relief; hold talks with Finance Minister New Delhi: Finance Minister Arun Jaitley on Friday initiated discussions on a farm loan waiver scheme with the Agriculture Ministry and some States in line with the BJP’s promise ahead of Uttar Pradesh elections. Agriculture Minister Radha Mohan Singh, Maharashtra Chief Minister Devendra Fadnavis and Tamil Nadu Finance Minister D Jayakumar were among those who met Jaitley to discuss various issues...
More »UP wheat farmers face a grim harvest this season -Rajalakshmi Nirmal
-The Hindu Business Line Prices have started to fall already; the State agencies have to ramp-up procurement at least this year Wheat farmers in Uttar Pradesh are a worried lot. Procurement of the foodgrain by government agencies in the State is meagre and a likely bumper harvest this year is stoking fears of a further slide in prices. UP contributes almost a third to the country’s total wheat production, with an annual output...
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