Farm loan

12 Results

  • Loan waiver a costly deal for Punjab banks

    Loan waiver a costly deal for Punjab banks

    Punjab government promise for farm loan waiver is apparently costing banks in the state dear as their non-performing assets (NPAs) under agriculture sector have increased by `603 crore during the last quarter. As  per the latest figures with the State......

    November 19, 2017
  • Farm loan defaulters feel heat as easy loans become unavailable

    Farm loan defaulters feel heat as easy loans become unavailable

    Having defaulted on re-payment of bank loans in hope of total farm loan waiver by Punjab government, farmers in the state are apparently facing a cash crunch for meeting their big requirements like higher education and social functions, including marriage. As......

    July 20, 2017
  • Capt Amarinder seeks one-time settlement for Rs. 6,000 crore farm loans

    Capt Amarinder seeks one-time settlement for Rs. 6,000 crore farm loans

    Punjab Chief Minister Captain Amarinder Singh on Thursday sought Central government's intervention for  one-time settlement of the Rs. 6,000 crore loans taken by the state’s farmers from the national and private banks. Such a settlement will benefit 4.5 lakh of the state’s......

    July 20, 2017
  • CM Amarinder has cheated Punjab farmers on loan waiver, says Akali Dal

    CM Amarinder has cheated Punjab farmers on loan waiver, says Akali Dal

    A day after Punjab chief minister (CM) Captain Amarinder Singh received "Fakhr-e-Quam"  (pride of the community) title from  arhatiyas (grain commission agents), the Shiromani Akali Dal (SAD) on Wednesday said the CM should have got gratitude of farmers of the state by......

    July 5, 2017
  • Naidu dubs loan waiver 'fashion'; clarifies after opposition hits out

    Naidu dubs loan waiver 'fashion'; clarifies after opposition hits out

    Union Information and Broadcasting Minister M Venkaiah Naidu on Thursday said loan waiver these days had become a "fashion", but later clarified his remarks were "misinterpreted" after attack from opposition parties. Speaking at India's largest municipal bond programme in Mumbai,......

    June 22, 2017
  • Loan waiver is not a permanent solution: BJP farmers' cell

    Loan waiver is not a permanent solution: BJP farmers' cell

    Loan waiver is not a permanent solution for the problems faced by farmers, feels the chief of the Bharatiya Janata Party's farmers' cell, Virendra Singh "Mast", who says only a fair price for their produce can mitigate the situation. He......

    June 18, 2017
  • Another farmer commits suicide in Madhya Pradesh yet again

    Another farmer commits suicide in Madhya Pradesh yet again

    Yet another debt-ridden farmer has committed suicide in Madhya Pradesh's Balaghat district on Wednesday, the police said. Forty-year-old Ramesh, a resident of Ballarpur village, took his life by consuming poison. He had an outstanding debt of Rs.2 lakh and owned......

    June 14, 2017
  • 'Farm loan waivers disrupt credit discipline'

    'Farm loan waivers disrupt credit discipline'

    Farm loan waivers are "populist actions" and lead to disruption of credit discipline among borrowers, says a report as Maharashtra became the latest in the list of states writing off farmers' loans. Uttar Pradesh and Punjab had announced such measures......

    June 12, 2017
  • Farm loan waiver a relief, not a solution: Sainath

    Farm loan waiver a relief, not a solution: Sainath

    Veteran journalist P Sainath on 11 June described farm loan waiver as a relief but not a solution to agrarian crisis and accused the Modi government of not fulfilling its poll promise of implementing MS Swaminathan's recommendations. "It is very important......

    June 12, 2017
  • Farm loan waivers to be 2 pc of GDP by 2019 polls: BofAML

    Farm loan waivers to be 2 pc of GDP by 2019 polls: BofAML

    Farm loan waivers will amount to 2 per cent of GDP by 2019 polls as other states may follow BJP's Maharashtra and UP governments, says a Bank of America Merrill Lynch report. "We expect almost all States to write off......

    June 5, 2017
  • Farm loan interest period extended by 60 days

    Farm loan interest period extended by 60 days

    In a step aimed at providing relief to farmers hit by demonetisation, the Centre on Tuesday gave 60 days more for availing of prompt repayment incentive of 3 per cent to those farmers whose crop loan due dates fall between November......

    December 20, 2016
  • Farm loan interest period extended by 60 days

    Farm loan interest period extended by 60 days

    In a step aimed at providing relief to farmers hit by demonetisation, the Centre on Tuesday gave 60 days more for availing of prompt repayment incentive of 3 per cent to those farmers whose crop loan due dates fall between November......

    December 20, 2016