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Rajasthan govt waives loans of up to Rs 50,000

-The Times of India JAIPUR: Close on the heels of BJP’s rout in parliamentary and assembly bypolls earlier this month, Rajasthan chief minister Vasundhara Raje on Monday announced a waiver for farm loans up to Rs 50,000 taken by small and marginal farmers. The waiver was part of the last budget of her government’s term. The sop to woo agitating farmers ahead of the assembly polls, scheduled for the end of...

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Loan waiver to bonus payments, poll-bound states target farmers -Deep Mukherjee & Milind Ghatwai

-The Indian Express While Rajasthan Chief Minister Vasundhara seeks to recover from the recent disastrous bypoll where the BJP lost two Lok Sabha seats and an assembly seat to the Congress, MP’s three-time CM Shivraj Singh Chouhan aims to mitigate three-time anti-incumbency. From crop loan and land revenue waivers to bonus payments and free crop storage, Rajasthan and Madhya Pradesh announced a slew of sops Monday targeting farmers and rural voters...

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To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct

-The Financial Express Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the...

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Farmers propose Bills on loan waiver, fair prices in their own 'parliament' -Vineet Kumar

-Down to Earth More than 180 farmer organisations from across the country proposed Bills related to debt waiver and fair crop prices in a mock parliament  On the second day of a protest organised by the All India Kisan Sangharsh Coordination Committee (AIKSCC), farmers from more than 180 farmer organisations across the country proposed a bill each on debt waiver and fair prices for crops. For two days, thousands of farmers had gathered...

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Power Sector Lenders see NPAs Surge Even as Piyush Goyal Defends IREDA's Loan Record -Noor Mohammad

-TheWire.in Growth in bad loans raises questions about due diligence measures followed by renewable energy, power PSUs over last five years. New Delhi: Defending the Indian Renewable Energy Development Agency’s (IREDA) grant of a Rs 10.35 crore loan to BJP president Amit Shah’s son, railway minister Piyush Goyal recently stated that the financing agency had lent money to about 2,000 applicants “in the past one year or so”. While this growth in lending...

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