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Is loan waiver a panacea for rural distress? -Nilanjan Banik

-Financial Express Loan waivers adversely affect marginal farmers due to a reduction of formal credit channels given to them On the eve of the Karnataka election, waivers of Farm Loans were one of the major election promises. Now, chief minister HD Kumaraswamy wants to fulfill his pre-poll promise and even threatened to resign if he cannot fulfill his promise. As has been seen time and time again, “farmers first” provides political mileage....

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BJP's Karnataka pledge may trigger loan waiver demand in other states -Sayantan Bera

-Livemint.com Loan waiver promises fell short of farmers’ expectations in states like Uttar Pradesh, Maharashtra and Punjab New Delhi: The Bharatiya Janta Party’s (BJP’s) poll promise in Karnataka to waive off Farm Loans is likely to intensify demands for a similar waiver in other states such as Madhya Pradesh, Chhattisgarh and Rajasthan which go to polls this year. In February last year, Prime Minister Narendra Modi had promised to waive off Farm Loans...

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Not in favour of farm loan waiver: Govt informs parliament

-PTI The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate and has systematic consequences New Delhi: The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate, parliament was informed on Tuesday. However, several measures have been initiated to reduce the debt burden on farmers and increase availability of institutional credit, minister of state for agriculture Gajendra...

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Farmers' protest to hit Gujarat next month -Maulik Pathak

-Livemint.com Farmer organizations in Gujarat plan a five-day protest in Gandhinagar next month over allocation of Narmada waters, crop insurance and minimum support price Ahmedabad: Farmer organizations in Gujarat plan to hold a five-day protest in Gandhinagar next month to voice concerns over the allocation of Narmada waters and demands on issues such as crop insurance and minimum support price. “Despite repeated written presentations to Gujarat government, our issues have not been addressed....

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Rajasthan govt waives loans of up to Rs 50,000

-The Times of India JAIPUR: Close on the heels of BJP’s rout in parliamentary and assembly bypolls earlier this month, Rajasthan chief minister Vasundhara Raje on Monday announced a waiver for Farm Loans up to Rs 50,000 taken by small and marginal farmers. The waiver was part of the last budget of her government’s term. The sop to woo agitating farmers ahead of the assembly polls, scheduled for the end of...

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