There is no aspect of farming that is not vitiated by the government's good intentions
Former Niti Aayog vice-chairman Arvind Panagariya also spoke against farm loan waivers
Jaitley's statement comes a day after Rahul said his party and other opposition parties would force PM Modi to waive farmer loans
Over the past decade, we have seen various governments at the state and the central level pointing at waving off farm loans
Those pressurising farmers for repayment will have to pay a penalty upto Rs 100,000 and face a one-year jail term, said Karnataka CM
While ADVVDRS was hailed as a key reason for UPA's return to power in 2009, the scheme itself later drew flak for its flaws, with CAG finding many of the accounts ineligible for waiver or relief
Loan waiver confusion: 100 farmers linked to single Aadhaar number
Loan waiver is akin to one-time firefighting
During the agitation, six farmers were gunned down by the police
Uttar Pradesh, Maharashtra govts have announced farm loan waivers
At present, farmers in the state get loans at the rate of 4%
UP's political significance is well known, but the state is no less significant agriculturally
New Delhi, 7 AprilA day after Reserve Bank of India (RBI) Governor Urjit Patel criticized farm loan waivers, the kind the new Uttar Pradesh government announced on Tuesday, the Bharatiya Janata Party (BJP)'s Kisan Morcha chief today demanded that Mahrashtra and Tamil Nadu governments should also write off loans to provide "immediate" relief to farmers of their states.Virendra Singh, a Lok Sabha member from Bhadohi in Uttar Pradesh, had helped the party draft its manifesto for the UP assembly polls. "The governments of Maharashtra and Tamil Nadu should take a decision like the UP government to provide immediate solution to distress among farmers and to put a stop to farmers ending their lives," he said.Maharashtra has a BJP-led government. Chief Minister Devendra Fadnavis had recently told Maharashtra assembly that the state government didn't have requisite funds to write off farm debts, and had sought help from the Centre. Finance Minister Arun Jaitley, however, has ruled out any ...
The Madras High Court has issued an order directing the Government of Tamil Nadu to waive loans of all the farmers, as against the government's earlier decision to waive off loans to marginal and small farmers who owns land up to 5 acres. The decision, which would bring in an additional burden of Rs 1980.33 crore to the State which already has an ailing financial situation, is expected to help an additional 3.01 lakh farmers.The Court has also restricted the cooperative societies and officials from recovery proceedings against the farmers who had defaulted repayment. It may be noted that the farmers from the State has been conducting protest in Jantar Mantar, in New Delhi, seeking for farm loan waiver and centre's drought assistance to help them from one of the worst drought that hit the State in more than 100 years.On June 28, 2016, the government has orderd waiver of outstanding crop loan, medium term agriculture loan and long term farm sector loan issued to the small and marginal ..
He visited the protesting Tamil Nadu farmers at Jantar Mantar today
Loan waiver policies vitiate credit culture and are detrimental to economic prosperity in long run
Apart from banks, loan waivers could impair the repayment behaviour of microfinance borrowers
Sugar production is estimated to be 26 million tonnes for the 2015-16 season, lower than 28.1 million tonnes last year