-NDTV The Supreme Court asked the Tamil Nadu government to install a process by which farmers can report misbehavior by bank officials while trying to make them pay up. New Delhi: The government's job is to prevent farmers from committing suicide and not distribute compensation after they have died, the Supreme Court told Tamil Nadu in strong words today, asking it to ensure that no coercive action is taken against...
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Loan Waiver: Debt-ridden farmers from Vidarbha, Marathwada top list of beneficiaries -Shubhangi Khapre
-The Indian Express As many as 11,46,768 farmers from Vidarbha and 10,83,932 from Marathwada will have their loans waived. Western Maharashtra, which is economically most prosperous, has a relatively lower number of beneficiaries, with 7,391,48 farmers making it to the list. Mumbai: With the government announcing that over 35.11 lakh farmers across Maharashtra who have outstanding individual loans up to Rs 1.5 lakh will benefit from its Loan Waiver decision, more...
More »813 farmers on Loan Waiver list from Mumbai, CM Fadnavis 'surprised'
-PTI MUMBAI: Mumbai city and its suburbs are home to as many as 813 farmers on Loan Waiver list, a figure which has "surprised" Maharashtra chief minister Devendra Fadnavis who has ordered a scrutiny before sanctioning the waivers. These farmers figure in the list of probable beneficiaries eligible for benefits under the Rs 34,000-crore Loan Waiver scheme+ announced by the state government last month. The Mumbai city and its suburbs are urbanised areas,...
More »Farmer organisations from Punjab to join Mandsaur protest march -Anju Agnihotri Chaba
-The Indian Express The protest march will reach ‘Jantar mantar’ in Delhi on July 18 and will focus on only two main issues — “total Loan Waiver for all farmers and providing one-and-half times more price of the total production cost of the crop”. Jalandhar: Despite Punjab government’s Loan Waiver announcement, four farmers’ organisations from Punjab have decided to participate in the national-level protest under the banner of Akhil Bhartiya Kisan Sangharsh...
More »Agriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif crop loans to farmers -Partha Sarathi Biswas
-The Indian Express First, it was demonetisation and crop price crash; now it is the collapse of cooperative credit that is hurting farmers during peak kharif operations. For most Maharashtra farmers, drying up of institutional finance for kharif farming operations is what’s really hurting. Nashik (Maharashtra): Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed Rs 1,608.55 crore of crop loans during April-June, exceeding its target of Rs 1,257.18 crore. This...
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