Farm Loan Waiver

  • Budget session of Andhra Pradesh Assembly begins on Monday August 17, 2014

    Hyderabad: Presentation of Budget, Telugu Desam Party government's white papers on different sectors, its proposed 'vision documents' for development and poll promises like farm loan waiver would be part of the agenda of Andhra Pradesh Assembly's Budget session which begins on Monday. This would be the first Budget session of the...
  • CAG report on farm loan waiver to be discussed in LS today March 7, 2013

    New Delhi: The Lok Sabha is likely to discuss the CAG report on the farm loan waiver scheme on Thursday. On Wednesday, the House was adjourned after repeated ruckus by the Opposition. Prime Minister Manmohan Singh had promised stringent action against defaulters. The Prime Minister's statement in the Rajya Sabha...
  • PM assures action if irregularities are found in farm loan waiver March 6, 2013

    New Delhi: Prime Minister Manmohan Singh on Wednesday assured that action will be taken if irregularities are found in the farm loan waiver scheme. The Prime Minister's statement in the Rajya Sabha came after loud protests by the Opposition in the House. The Lok Sabha, too, witnessed a demand from...
  • Uproar in LS over CAG report on farm loan waiver scheme March 6, 2013

    New Delhi: The Lok Sabha was adjourned on Wednesday after uproar over alleged scam in farm loan waiver scheme. The CAG report which was tabled in Parliament on Tuesday had criticised the scheme's implementation, citing lapses in 22 per cent of the cases. The loan waiver scheme was brought by the...
  • BJP demands CBI probe in farmers loan waiver 'scam' March 6, 2013

    New Delhi: The BJP on Tuesday alleged that nearly 34 lakh farmers had been denied their right under the loan waiver scheme of the UPA government and demanded a CBI inquiry to unearth the real extent of the "massive scam". Bharatiya Janata Party (BJP) spokesperson Prakash Javadekar said this revelation further...
  • Farm loan waiver under scanner: Are big ticket government schemes prone to corruption? March 5, 2013

    The CAG report which was tabled in Parliament earlier on Tuesday criticised the scheme's implementation, citing lapses in 22 per cent of the cases. ...
  • Farm debt waiver scheme: Finance Ministry orders probe after CAG report reveals lapses March 5, 2013

    The CAG report which was tabled in Parliament earlier on Tuesday criticised the scheme's implementation, citing lapses in 22 per cent of the cases. ...
  • CAG alleges misuse of farm loan waiver funds January 26, 2013

    New Delhi: The UPA government is in more trouble. The Comptroller and Auditor General has published a draft report on the farm loan waiver scheme alleging misuse of funds. According to the report, Rs 52,000 crore were allotted for the debt waiver under the scheme. However, 25 per cent beneficiaries...
  • Rs 200 cr meant for farmers siphoned off March 30, 2010

    Bhopal: In a huge embarrassment to the Madhya Pradesh government, a letter from the Deputy Commissioner of Hoshangabad is now unravelling a Rs 200 crore loan waiver scam. The letter written to the State Cooperatives Commissioner and Registrar, said that nearly four crore rupees meant for farm loan waiver had been...
  • Whose idea? Prez takes credit for farm loan waiver July 28, 2009

    New Delhi: It's a battle royale between the two powerful ladies in Indian politics Sonia Gandhi and Pratibha Patil. The issue is: Who got the farmers loan waiver passed? The entire UPA has been united in hailing the Congress President as the brain behind the move. Congress Spokesperson, Tom Vadakkan...
  • Farm loans waived, but where's the relief? February 12, 2009

    Kishan Kumar, a middleaged farmer in Garhar village in southern UPs Jalaun district, was a happy man in September as summer gave way to heavy downpours. Rains, scant in this region for the past six years, meant Kumar could plant wheat or pulses on his 3.5acre field when the sowing...
  • Farm loan waiver of not much help in Vidarbha July 12, 2008

    Mumbai: Farmers in Maharashtra, a state with drought in 13 districts, are responding in different ways to the Rs 71,000 crore farm loan waiver scheme. While the Vidarbha region, in grip of a severe drought, is full of poor farmers; farmers in western Maharashtra are a lot happier. In Vidarbha field...
  • Plan backfires: PM's loan waiver letter puzzles farmers July 8, 2008

    Thara (Ahmedabad): In what appears to be a bid to draw political mileage, a special note from Prime Minister Manmohan Singh accompanies all farmloan waiver letters. But this letter is creating resentment among many farmers who find that their debt only been partially waived off. The prime minister's letter of promise says...
  • Fourth year ends, UPA switches to election mode May 22, 2008

    New Delhi: It's showing that the fifth and final year of the UPA has just begun. Sixteen months before it is required to the face the electorate, the Central Government switched over to the election mode. Its spin doctors believe that packaging ought to begin early. After all, the product...
  • SBI regrets issuing circular, won't stop loans May 21, 2008

    New Delhi: The State Bank of India (SBI) has withdrawn its circular dated May 16 2008. In the circular issued last Friday from Mumbai the bank had stated that it had a large portfolio of tractor loan accounts with high overdues and had thus decided to put on...
  • UPA waives off farmer loans, SBI stops loans May 21, 2008

    New Delhi: The State Bank of India is the largest bank in the country and traditionally doles out the maximum amount of loans to farmers across the country. However, it has now decided to put on hold, any new loans to finance new tractors or farm mechanisation activities. In a circular...
  • Debtridden farmer jumps into pile of burning hay April 12, 2008

    Mumbai: A debtridden farmer in the Vidarbha region of Maharashtra on Friday immolated himself by leaping into a pile of burning hay. Baban Jeughale was unable to repay a loan of Rs 1.75 lakh rupees, which he had taken to cultivate his 10 hectares of land. He committed suicide because he...
  • Vidarbha farmer sets himself afire April 12, 2008

    New Delhi: A debtridden farmer in the Vidarbha region of Maharashtra on Friday immolated himself by leaping into a pile of burning hay. Reports say Baban Jeughale had taken a loan of Rs 1.75 lakh rupees to cultivate his 10 hectares of land. When he couldn't repay the debt, he committed...
  • Vidarbha still colourless, 3 farmers commit suicide March 22, 2008

    New Delhi: Even as the nation revels in Holi festivities, there is no colour for debtridden farmers in Vidharbha in Maharashtra. Three farmers Gorakh Nikam, Atmaram Patil and Gokul Pawar took their lives for not being able to pay back moneylenders. Nikam is from Nashik while the others are...
  • UPA woos students, plans education loan sops March 21, 2008

    New Delhi: After the agricultural loan waiver, there may be yet another loan sop in the offing by the UPA government. And this time it is the poor students who stand to benefit from this Rs 4000crore scheme being planned in the run up to the General Elections. Ankit is...
  • Now, Sonia pitches for raising ceiling on loan waiver March 17, 2008

    Osmanabad (Maharashtra): Under pressure to enlarge the ambit of Union Budget's farm loan waiver scheme, Congress President Sonia Gandhi on Monday said her party felt the land ceiling cap be increased to allow more farmers to benefit from the package. Farmers in regions like Vidarbha and Marathwada have larger land holdings...
  • Vidarbha MLAs confused about loan waiver scheme March 16, 2008

    Mumbai: Union Finance Minister P Chidambaram announced a Rs 60,000 crore loan waiver scheme for farmers in his Budget speech but Members of Legislative Assembly (MLA) from the Vidarbha region of Maharashtra, which has seen a large numbers of farmers committing suicides, are confused about the supposed benefits of scheme. Although...
  • Haryana farmers not excited about loan waiver March 16, 2008

    Rohtak: Farmers from Haryana were among the first to organise a Dhanyawaad (thanksgiving) rally to thank United Progressive Alliance Chairperson and Congress President Sonia Gandhi for the Rs 60,000 crore loan waiver announced by the Union Finance Minister P Chidambaram in the Budget. But instead of enthusiasm or gratitude, there's confusion...
  • PM rules out general election this year March 15, 2008

    New Delhi: Prime Minister Manmohan Singh has put an end to all speculation about early general elections, saying the polls will be held on schedule and not this year as it is being speculated. There has been talk of early polls ever since the ruling UPA came out with a Rs...
  • For some farmers, loan waiver is a bittersweet deal March 16, 2008

    Jalgaon, Maharashtra: "All agricultural loans disbursed by scheduled commercial banks, regional rural banks and cooperative credit institutions up to March 31, 2007 and overdue as on December 31, 2007 will be waived off under a scheme of debt waiver and debt relief for farmers." These words of Union Finance Minister...
  • Rahul wants land limit raised for farm loan waiver March 13, 2008

    New Delhi: Rahul Gandhi made his presence felt in the Lok Sabha on Thursday with several suggestions to improve the lot of farmers. He said instead of one cutoff date of March 31, 2007 for farm loan waiver, there should be localised cutoff dates according to farming patterns. "A single...
  • This village does not need the farm loan waiver March 11, 2008

    Girata (MAHARASHTRA): Girata village, at first glance, looks pretty unremarkable. Just like any other village across the country. But what is remarkable is that this is probably Indias only village that says it does not want a loan waiver. But it wasnt always this way. Until three years ago, farming was...