Tag: Farm loan waivers
4 Results
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Temples can play role in tackling farm crisis
The sixteen most revered and rich temples have assets with annual donations running in billions of dollars which could be gainfully utilised to resolve the agrarian crisis
January 6, 2019 -
Farm loan waivers may lead to fiscal slippages: Report
Policies like farm loan waivers do not address the fundamental problems of Indian agriculture sector and if major agricultural states resort to such schemes, the impact on consolidated fiscal deficit could be 1 to 1.3 per cent of GDP, says a report. According to Kotak Institutional Equities, such policies create moral hazard problem leading to …
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June 16, 2017 -
Farm loan waivers risk fiscal slippages, inflation: RBI
The Reserve Bank on Wednesday warned of fiscal situation getting out of hand if states unabatedly continue to waive farm loans saying it also risk spurring inflation. RBI Governor Urjit Patel said unless that state governments' budgets allow that fiscal space to go in for a loan waiver, it would be risky to tread on …
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June 7, 2017 -
‘Farm loan waivers to touch 2% of GDP in run-up to 2019 polls’
Within a fortnight of UP's farm loan waiver and calls for the same in other states, a foreign brokerage on Monday estimated the burden from such populist measures to touch three per cent of GDP by the 2019 elections. “Farm loan waivers of up to 2 per cent of GDP in the run up to …
Continue reading "‘Farm loan waivers to touch 2% of GDP in run-up to 2019 polls’"
April 17, 2017