Mumbai, July 10 (IANS) In a major relief to the agrarian community, the Maharashtra Chief Minister Devendra Fadnavis on Friday announced to modify a crop loan waiver scheme aimed at pulling distressed farmers out of debt traps and keeping them away from private moneylenders. Brushing aside criticisms regarding the timing of the announcement, the Chief Minister emphasised that the decision was driven solely by farming distress and not by electoral gains, saying, “We could have waited until 2029 s…
Latest Crop loans News & Updates
Mumbai, June 3 (IANS) Maharashtra Pradesh Congress Committee (MPCC) President Harshwardhan Sapkal on Wednesday claimed that the loan waiver scheme announced by the Bharatiya Janata Party (BJP)-led Mahayuti government under the leadership of Devendra Fadnavis is a complete facade. He alleged that, through wordplay and the imposition of complex rules, terms, and conditions, more than 50 per cent of farmers have been deliberately excluded from the scheme.Sapkal termed this a cruel mockery of the fa…
Chennai, May 26 (IANS) PMK founder Dr S. Ramadoss on Tuesday welcomed the Tamil Nadu government’s decision to waive crop loans for small and marginal farmers through cooperative societies, while urging the state to introduce broader relief measures to address the challenges faced by the farming community.In a statement, Ramadoss said the government’s order to write off crop loans of up to Rs 50,000 availed through cooperative societies since May last year was a positive and much-needed step….