Page 3 - Farm Loan Waiver

Farm loan waivers and not real income growth is driving rural demand

Real wage growth has seen a secular decline over the last year and has now turned negative

Farm debt waiver hits bank credit offtake, fans informal loan channels

As bank credit falls, it makes way for informal credit through channels such as shopkeepers and large landowners

Loan waivers not direct solution to farmers' woes, they need more e-mandis

The median annual wage of a farmer in India is around $290, which is barely two months' minimum wage in Mumbai

Farm loan waiver key reason for high revenue deficit: Maharashtra

It is one of the main reasons behind the (estimated) revenue deficit rising to (more than) Rs 150 billion.

Farm loan waiver gets thumbs down from former RBI governors

Reddy noted that every political party in India has offered such waiver in some state or the other or at an all- India level

Farm loan waivers have no impact on states' borrowing cost: SBI research

It said markets do not differentiate between different financial conditions of the states

Red tape, glitches: 991 farmers kill themselves as Maha bungles loan waiver

The loan waivers arrived after farmer protests in June 2017, but it has failed at numerous levels as govt and banks play blame game

Farm loan waiver may push inflation by 0.2%, says RBI paper

Farm loan waivers provide relief to farmers facing distress due to natural calamities/crop failure

Quick fix farm loan waivers should be replaced with policy: Urjit Patel

India's agrarian economy is the source of around 15% of GDP

RBI chief Urjit Patel warns against farm loan waivers

He also warned banks are impacted as they must wait for governments to repay the farmer loans

UP govt suspends five officials for seeking bribe for farm loan waiver

An FIR has been lodged against four lekhpals and a fair price shop owner

Farm loan waiver: BJP MP flays Maharashtra govt over tardy implementation

Farmers' suicides are still on rise despite announcement of debt write-off: BJP MP

Loan waiver no panacea

Farmers' income stability is possible only if govt ensures proper support prices for their produce

Farm loans won't be written off, they can only become cheaper: Govt

Uttar Pradesh, Punjab, Maharashtra and Karnataka government have announced loan waiver this year

The farmer in the farm loan waiver

Beyond macro data, there has been little enquiry into the profile of the indebted farmer households

Street signs: Farm loan waiver boost for tractor sales

The brokerage expects another uptick in sales, following the latest round of waivers

Banks account for a fraction of all credit to poor farmers

NSSO surveys show incidence of indebtedness among cultivator households has risen over past decade

Centre rules out farm loan waivers, commits to meet fiscal targets

The Centre, he said, will adhere to all fiscal targets including fiscal deficit

Farm loan waiver may spike tractor loan delinquencies, warns Fitch

A report by rating agency Fitch said loan write-offs work as an incentive to skip loan repayments

Waiving state farmers' loan Tamil Nadu govt's responsibility: BJP

Yogi Adityanath govt in Uttar Pradesh has decided to waive farm loans totalling Rs 36,359 cr