-The Economic Times NEW DELHI: Farmers could get annual income support of Rs 15,000 per hectare if the Niti Aayog’s proposal for an upfront subsidy through direct benefit transfer is accepted, said people with knowledge of the matter. The Aayog has suggested that all subsidies for agriculture, including fertiliser, electricity, crop insurance, irrigation and Interest Subvention be replaced by income transfer. Telangana and Odisha have adopted income support to help alleviate agrarian...
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Modi govt to announce Rs 4,000 per acre direct transfer, crop loan at 0% in two-fold farm relief; to cost Centre Rs 2.3 lakh crore -Anilesh S Mahajan & Rajeev Dubey
-BusinessToday.in DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden. Centre will likely announce direct benefit transfer (DBT) worth Rs 4,000 per acre per season plus interest-free crop loan up to Rs 1 lakh per farmer in an instant two-fold relief to the farmers, sources in the know told BusinessToday.In. The initiatives will cost the Centre Rs 2 lakh crore towards DBT...
More »Maharashtra govt rolls out new plan for slum-free Mumbai -Sandeep A Ashar
-The Indian Express Maharashtra govt rolls out new plan for slum-free Mumbai Mumbai: The Maharashtra government on Thursday rolled out a new plan to take Mumbai towards a slum-free status. Under this plan, over 18 lakh slum dwellers residing in slum tenements, that came up between 2000 and 2011, have now been guaranteed a replacement house. However, it will not be for free. All these residents would need to pay for the...
More »Not in favour of farm loan waiver: Govt informs parliament
-PTI The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate and has systematic consequences New Delhi: The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate, parliament was informed on Tuesday. However, several measures have been initiated to reduce the debt burden on farmers and increase availability of institutional credit, minister of state for agriculture Gajendra...
More »Rajasthan govt waives loans of up to Rs 50,000
-The Times of India JAIPUR: Close on the heels of BJP’s rout in parliamentary and assembly bypolls earlier this month, Rajasthan chief minister Vasundhara Raje on Monday announced a waiver for farm loans up to Rs 50,000 taken by small and marginal farmers. The waiver was part of the last budget of her government’s term. The sop to woo agitating farmers ahead of the assembly polls, scheduled for the end of...
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