Farm Loan
(Search results - 21)ViewsDec 22, 2018, 2:06 PM IST
Farm loan waivers: How long will we have to repay money we haven't borrowed while the beneficiary remains poor?
The act of waiving off loans affects not only the banks and taxpayers but also the farmers who are the intended beneficiaries of the populist dole. Once the farmers are told not to pay back the money they had borrowed, the banks wait for the government to reimburse the money that has been forsaken. This money arrives after many years. Until then, banks are reluctant to disburse further loans to farmers, with the apprehension of not being able to recover the amount. Finally, when the banks get the money from the government, it is taken from the tax collections: that is, from people who had not taken the loan in the first place!
IndiaDec 21, 2018, 8:40 PM IST
IndiaDec 20, 2018, 1:14 PM IST
NITI's Rajiv Kumar on farm loan waiver: Congress govts should do their work, let others do theirs
The Congress had waived farmers’ loan in three states where they won the Assembly elections 2018 — Chhattisgarh and Madhya Pradesh and Rajasthan
IndiaDec 18, 2018, 12:45 PM IST
North Karnataka farmers call HD Kumaraswamy anti-farmer
North Karnataka farmers call HD Kumaraswamy anti-farmer in protest after HDK fails to deliver waivers on farm loans as promised. They have indicated that they would march to Delhi to meet Prime Minister Modi to take up this issue.
IndiaDec 17, 2018, 3:17 PM IST
'Farmer's son' Kumaraswamy fails to stop farm distress; aggrieved march to Delhi for loan waiver
As the Karnataka government broke its promise on farm loan waivers mentioned by chief minister HD Kumaraswamy on waiving farm loans in 24 hours as soon as he takes the oath, Karnataka farmers especially in drought-hit districts of North Karnataka, accused HD Kumaraswamy, calling him an anti-farmer for coming up with lame excuses.
IndiaDec 12, 2018, 7:42 PM IST