-The Times of India MUMBAI: Reserve Bank of India governor Urjit Patel has sounded the alarm on state governments waiving farm loans and has called for a consensus on eschewing them to avoid damaging the national balance sheet. Uttar Pradesh Chief Minister Yogi Aditya Nath recently announced a Rs 36,000-crore farm loan waiver, which could trigger copycat decisions by the Punjab and Maharashtra governments. "It undermines honest credit culture, it impacts credit...
More »SEARCH RESULT
Total Matching Records found : 6203
Rahul farmer salvo -Sanjay K Jha
-The Telegraph New Delhi: Rahul Gandhi today asked the BJP "not to play politics with farmers" by waiving loans in Uttar Pradesh alone as agrarian distress was a national crisis and the Centre should come up with a "national" response. Although Rahul described the Uttar Pradesh government's decision as a "step in the right direction", he alleged inaction by the Narendra Modi government by tweeting: "I am happy the BJP has finally...
More »In largesse we trust
-The Hindu Two separate decisions on farm loan waivers could have a domino effect Chairing his first cabinet meeting after taking over the reins in Uttar Pradesh, Chief Minister Yogi Adityanath approved a write-off on outstanding farmer loans of up to Rs. 1 lakh taken before March 31, 2016. The State cabinet also decided to waive loans worth Rs. 6,000 crore extended to small and marginal farmers that had turned into non-performing...
More »Local tribes protest changes in Jharkhand land laws -Alok Gupta
-VillageSquare.in Recent amendments to laws that govern the use of land owned by tribals in Jharkhand has led to a rash of protests because local communities feel that they might lose their land and livelihoods to industrial development Last year in May, when the Jharkhand government announced to remove handcuffs from all the statues and pictures of Birsa Munda, the indigenous people of the state lauded the newly appointed first non-tribal chief...
More »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 »
