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Farm loans News

chhattisgarh elections 2023

23 Oct 2023

Chhattisgarh Polls 2023: Baghel Promises Farm Loan Waiver If Cong Wins Again

The Chhattisgarh Assembly elections will take place in two phases. The initial phase, encompassing 20 seats, is scheduled for November 7, while the remaining 70 seats will go to the polls on November 17.

Charanjit Singh Channi

30 Nov 2021

Punjab CM Channi writes to PM Modi seeking complete waiver of farmers' debt

He said farmer leaders had recently met him in Chandigarh with their demands and only one major issue that remained pending was that of farm debt.

18 Dec 2018

Won't let PM Modi sleep until all farm loans waived: Rahul Gandhi

In a stinging attack on what he described as crony capitalism, Rahul said the government has turned a blind eye to the loans given to 15 top industrialists of the country.

Farmers' protest

03 Jun 2018

Farmers' stir remains peaceful, but vegetable prices rise

Madhya Pradesh remained largely calm on the third day (Sunday) of the 10-day agitation by farmers demanding remunerative prices for their produce and waiver of farm loans.

30 May 2018

Karnataka CM Kumaraswamy promises farm loan waiver in 15 days

BJP's Karnataka unit chief BS Yeddyurappa on Wednesday threatened to launch a stir against the state government accusing Kumaraswamy of 'betraying' farmers.

15 Jun 2017

Modi Cabinet approves sops for farmers; slashes crop loan interest by as much as 4%

The Union Cabinet on Wednesday approved the interest subvention scheme (ISS) for the year 2017-18 which will help farmers getting short term crop loan up to Rs 3 lakh payable within one year at only 4 percent per annum.

12 Jun 2017

States will have to bear farm loan waivers from own coffers: FM Jaitley

Finance Minister Arun Jaitley on Monday said the union government will not partake in state's fiscal leverage in waiving farm loans and made it clear that the cost has to be borne by them.

12 Jun 2017

Punjab farmers, SAD-BJP activists hold protests across Punjab

"All seven farmer organisations held dharnas outside the offices of all the deputy commissioners in the state in support of their demands.

11 Jun 2017

Congress demands national policy on farm loans

He demanded an "unconditional apology" from Amit Shah.

Monetary Policy Committee

07 Jun 2017

Farm loan waivers increase risk of fiscal slippages, higher inflation: RBI

Raising its concern on state governments waiving off farm loans, the Reserve Bank of India (RBI) on Wednesday said that such actions increase the risk of slippages and contribute to inflation sooner or later.

26 Apr 2017

Arun Jaitley says no plan to tax farm income

India`s finance minister Arun Jaitley said on Wednesday that the government has no plans to tax agricultural income, a day after a senior economic adviser touched a political nerve by proposing farmers pay income tax like people in cities.

24 Nov 2016

Drought-hit Karnataka seeks waiver of 50% farm loans

Reeling under severe drought, Karnataka on Thursday urged the Centre to waive off 50 per cent of the farm loans, as the state government is ready to write off the rest.

28 Dec 2015

Focus on mobile tech for last mile delivery: RBI panel to banks

In order to promote financial inclusion, a RBI panel on Monday asked banks to focus more on mobile technology for last mile service delivery, phasing out interest subsidy on farm loans and move towards universal insurance scheme for all crops.

14 Jul 2015

RBI concerned over cases against banks in Maha on farm loans

Even as Maharashtra initiates criminal proceedings against some banks for "not" meeting farm loan target, Reserve Bank Tuesday defended them saying lenders have been doing a commendable job in agriculture sector.

08 Apr 2015

RBI instructs banks to restructure farm loans

The Reserve Bank on Wednesday said it has instructed banks to restructure loans of farmers whose crops have been damaged by the recent unseasonal rains and hailstorms.

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