-The Times of India RAIPUR: Chhattisgarh chief minister Bhupesh Baghel on Monday announced to waive farm Loans to the tune of Rs 6,100 crore of more than 16 lakh farmers and also decided to set up a Special Investigation Team (SIT) to probe the deadly maoist attack in Bastar. Addressing his maiden press conference after the swearing-in ceremony and subsequent first cabinet meeting, Baghel said it has been decided to waive off...
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Kamal Nath waives farm Loans up to Rs. 2 lakh after assuming office as MP Chief Minister
-PTI Congress had promised during the poll campaign that if it wins, it would implement farmers’ loan waiver within 10 days of coming to power. Bhopal: Loans up to Rs. 2 lakh of Madhya Pradesh farmers will be waived, with Kamal Nath on Monday signing a file to this effect soon after he was sworn in as the State’s 18th Chief Minister on December 17. After Mr. Nath signed the file, Principal Secretary...
More »Bank credit: is it growing, and where's it going? -Aarati Krishnan
-NDTV Lenders have loosened purse strings, but some sectors are monopolising bank Loans. Hence the clamour for more credit Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit taps remain shut....
More »Why income support, not farm loan waiver, may be better for all -Surojit Gupta
-The Times of India NEW DELHI: The election results in which BJP lost three key states have once again pointed to the agrarian crisis and triggered demands for loan waivers. Pressure on the Centre has intensified ahead of the 2019 polls and comes against the backdrop of a tight fiscal situation. The government has committed itself to meet the fiscal deficit target of 3.3% of GDP. In the aftermath of several states...
More »Agrarian crisis: Bias against agriculture needs to go for revival; higher investment, change in attitude towards sector a must -Prasanna Mohanty
-Firstpost.com The first reaction of the Bharatiya Janata Party-led Central government after the party's debacle in the Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan seems to be to waive farm Loans, which is a telling comment on the state of the agrarian distress in India and the need to pay immediate attention to the crisis. This was expected, too, since 90 percent of the rural constituencies in Madhya Pradesh...
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