-ThePrint.in A total of 32.26 lakh loans were disbursed under the PM SVANidhi scheme between June 2020 & May 2022, according to data revealed by the Union Ministry of Housing and Urban Affairs. New Delhi: Only 0.01 per cent street vendors belonging to minority communities have benefitted from the Centre’s PM SVANidhi scheme between June 2020 and May 2022, an Right To Information (RTI) query has revealed. A total of 32.26 lakh loans...
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As farm debt drives Punjab farmers to suicide, loan waiver demand set to gain momentum -Vikas Vasudeva
-The Hindu Farmer outfits in Punjab say they will be forced to start an agitation against the State AAP government if a complete farm loan debt waiver is not announced shortly A recent study on farmers’ suicide in Punjab by Ludhiana-based Punjab Agricultural University (PAU) has revealed that in six districts of the State, as many as 9,291 farmers have died by suicide between the years 2000-2018 and around 88% of the...
More »A Fresh Spike in Farmer Suicides in Punjab -Shweta Saini, Siraj Hussain and Pulkit Khatri
-TheIndiaForum.in Since 2015, there has been a sharp rise in farmer suicides in Punjab. Farmers in the state borrow large loans at high interest rates; some of which is used for consumption. According to official data, 51% of farmer suicides in Punjab are due to a high level of indebtedness, mostly to institutions. Farmer suicides are back in focus. Media reports suggest that in April 2022 alone 14 Punjab farmers died by...
More »UP Farmer Commits Suicide After ‘Humiliation’ by loan Recovery Team -Abdul Alim Jafri
-Newsclick.in The recovery team ‘created a scene’ in front of the farmer’s relatives at his house in a village in Bijnor hours before his niece’s wedding. Lucknow: A 43-year-old debt-ridden farmer committed suicide in Uttar Pradesh’s (UP) Bijnor district on Friday after being allegedly humiliated by the loan recovery team of the village cooperative society. A resident of Hasanpur Jat village, under Haldaur Police Station, Revati Singh had taken a loan of about...
More »loans worth ₹37 trillion sanctioned to MSMEs in FY22, up 182% from FY20: Report
-Livemint.com From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket size of MSME loans increased by 92%, the data on MSME loans showed. Total loan sanctioned to MSMEs stood at ₹37.29 trillion in FY22, an increase of roughly 5% over FY21 and 182% over FY20, as per a report by CRIF High Mark, a credit bureau. From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket...
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