-Hindustan Times Access to formal credit can be a major game-changer in determining farm-incomes. It is to be expected that richer farmers would find it easier to avail of formal credit lines. What ails Indian farmers? The answer to this question is often mired in ideological quarrels. Some blame a lack of reforms in agricultural markets, while others accuse the state of not doing enough to support farming. Systemic issues are...
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Shaktikanta Das, the former secretary of the Department of Economic Affairs, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
More »Loan: Rs 41,700 Waived: Rs 7 -Arnab Ganguly
-The Telegraph Chandigarh: Farmer Balwinder Singh from Patiala had taken a loan of Rs 41,700 from a cooperative bank. When he received his loan-waiver certificate from the Punjab government on Sunday, the amount waived was mentioned as Rs 7. On a day chief minister Amarinder Singh launched the loan-waiver scheme in Chandigarh to help distressed farmers, many across the state alleged only a fraction of their debts had been written off. While Balwinder...
More »Punjab's farm loan waiver: Disquiet in Congress over party leaders being ignored in selection of beneficiaries -Kanchan Vasdev
-The Indian Express The state government has decided to roll out its scheme from Mansa on January 7 under which loans worth Rs 170 crore would be waived off formally. Punjab Chief Minister Amarinder Singh would be handing over the certificate to the farmers. Chandigarh: Punjab government’s farm loan waiver, which is to be rolled out to 40,000 farmers from five districts in Malwa on January 7, has many Congress leaders fuming...
More »Maharashtra allots Rs 142,400 mn for farm loan waivers, cropping
-PTI Arun Jaitley had last year said that the Centre will not be part of a state's fiscal leverage in waiving Farm loans and the cost has to be borne by the states Mumbai: The Maharashtra government today made allocations worth Rs 14,240 crore for the farm loan waiver scheme and for repayment to farmers whose produce was purchased by the state. The state's cooperation and marketing department today issued a Government Resolution...
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