Farmers Rap BRS at Outreach Event
1 year, 5 months ago

Farmers Rap BRS at Outreach Event

Deccan Chronicle  

Hyderabad: Taking a cue from the Opposition on holding the government to task, farmers in several villages left BRS leaders red-faced by confronting them about their failure to fulfil the RS 1 lakh loan waiver, as the 10-day farmer outreach programme of the state government kicked off on Monday. They held the BRS government responsible for banks declaring nearly 20 lakh farmers ‘defaulters’ for non-payment of loans. Some farmers, whose accounts have been frozen by banks, rapped BRS leaders for failing to come to their help, stating that they were not even able to withdraw the Rythu Bandhu aid and money accrued through the sale of paddy at government procurement centres, as the banks adjusted the money towards crop loans. Instructions were issued to banks not to adjust Rythu Bandhu towards repayment of crop loans.” The release further claimed that the government will waive off crop loans of all farmers up to Rs 1 lakh in phases, as promised in 2018, with a cut-off date of December 11, 2018.

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History of this topic

Farm loans up to ₹2 lakh to be collateral free: RBI
1 week, 2 days ago

Farm loans up to ₹2 lakh to be collateral free: RBI

Hindustan Times  

The Reserve Bank of India has asked all banks to waive collateral, mortgage and any margin deposits against farm loans up to a limit of ₹2 lakh, the central bank said on Saturday. RBI has advised banks to waive collateral security and margin requirements for agricultural loans including loans for allied activities up to ₹ 2 lakh per borrower. The …

RBI raises collateral-free loan limit to ₹2 lakh for farmers amid rising costs
1 week, 2 days ago

RBI raises collateral-free loan limit to ₹2 lakh for farmers amid rising costs

Live Mint  

To ease financial pressures on farmers and address escalating agricultural input costs, the Reserve Bank of India has raised the collateral-free agricultural loan limit from ₹1.6 lakh to ₹2 lakh. By increasing the loan ceiling, the RBI aims to bolster credit access without the burden of collateral, offering a critical lifeline to farmers with limited assets. Read this | Land …

RBI increases collateral free loan limit for farmers from ₹1.6 lakh to ₹2 lakh
2 weeks, 3 days ago

RBI increases collateral free loan limit for farmers from ₹1.6 lakh to ₹2 lakh

Live Mint  

Mumbai, December 6 : In a big relief to small and marginal farmers the Reserve Bank of India on Friday has hiked the limit for collateral-free loans for agricultural farmers from ₹1.66 lakh to ₹2 lakh per borrower. In his address after the completion of the Monetary Policy Committee meeting, Governor Shaktikanta Das said that "taking into account the rise …

BRS's KTR slams CM Revanth over 'fraudulent' crop loan waiver scheme
4 months ago

BRS's KTR slams CM Revanth over 'fraudulent' crop loan waiver scheme

New Indian Express  

HYDERABAD: BRS working president KT Rama Rao alleged that the crop loan waiver was a big fraud on the farmers and his party would fight on behalf of the farmers against Chief Minister A Revanth Reddy for allegedly hoodwinking the farmers in the name of writing off their loans. The government, which claimed that it waived the loans of all …

MLAs deserting BRS as it will soon merge with Congress, says Union Minister Bandi Sanjay
4 months ago

MLAs deserting BRS as it will soon merge with Congress, says Union Minister Bandi Sanjay

New Indian Express  

HYDERABAD: Union Minister of State for Home Affairs Bandi Sanjay Kumar on Sunday said that the BRS is an outdated party that will soon merge with the Congress and that was the reason the pink party MLAs are defecting to the grand old party. Speaking to the media in Hyderabad, he said that to divert the peoples’ attention away from …

Third phase of crop loan waiver to be launched in Telangana's Wyra
4 months, 2 weeks ago

Third phase of crop loan waiver to be launched in Telangana's Wyra

New Indian Express  

HYDERABAD: Agriculture Minister Thummala Nageshwara Rao said that the government is planning to release the third tranche of funds for the crop loan waiver scheme on August 15. Speaking to reporters at the Secretariat on Tuesday, the minister also said that there is a plan to hold a public meeting on August 15 in Wyra of Khammam district where Chief …

Telangana CM kicks off crop loan waiver scheme
5 months ago

Telangana CM kicks off crop loan waiver scheme

Hindustan Times  

Telangana chief minister A Revanth Reddy on Thursday kicked off the first phase of crop loan waiver scheme, depositing ₹1 lakh into the loan accounts of 1.1 million-odd farmers across the state. Hyderabad: Telangana Chief Minister A Revanth Reddy with senior leader K. Keshava Rao at the launch of farmers’ loan waiver scheme at the Secretariat, in Hyderabad on Thursday. …

Celebrations across Telangana after CM declares loan waiver
5 months ago

Celebrations across Telangana after CM declares loan waiver

Deccan Chronicle  

Hyderabad: Rural areas wore a festive look on Thursday after Chief Minister A Revanth Reddy formally launched the scheme to waive crop loans of up to Rs.2 lakh each. As soon as the Chief Minister transferred over Rs.6,000 crore to bank accounts of over 11.5 lakh farmers to clear their crop loans up to Rs.1 lakh each at 4 pm …

Debt relief commission a necessity across India
5 months ago

Debt relief commission a necessity across India

New Indian Express  

True to its word, the Congress government in Telangana has begun waiving crop loans, with over 11 lakh farmers getting relief of up to Rs 1 lakh on Thursday. It is a bold move by Chief Minister A Revanth Reddy to waive loans in such a short span, unlike the previous BRS government that did it in phases between 2014 …

Crop Loan Waiver: Ration Card, PM Kisan Norms may Play Spoilsport
5 months, 1 week ago

Crop Loan Waiver: Ration Card, PM Kisan Norms may Play Spoilsport

Deccan Chronicle  

Hyderabad: The state government's decision to link the crop loan waiver with ration cards and certain provisions of the PM-Kisan scheme could deny this benefit to many farmers, as no new ration cards have been issued in Telangana since 2015. Previous crop loan waiver schemes implemented by earlier governments never linked ration cards or PM-Kisan norms to extend the benefit. …

BRS terms farm loan waiver guidelines as an attempt to betray ryots
5 months, 1 week ago

BRS terms farm loan waiver guidelines as an attempt to betray ryots

The Hindu  

The opposition Bharat Rashtra Samithi has termed the guidelines issued for implementing the ₹2 lakh farm loan waiver by the government as an attempt to deceive and betray the farming community after promising the loan waiver to every eligible farmer. In a statement issued here on Monday, BRS leader and former minister for agriculture Singireddy Niranjan Reddy recollected how the …

Will waive farm loans and complete pending projects soon: Uttam Kumar Reddy
5 months, 1 week ago

Will waive farm loans and complete pending projects soon: Uttam Kumar Reddy

The Hindu  

Irrigation Minister N. Uttam Kumar Reddy reiterated that the Congress government in Telangana would waive off the crop loans up to ₹2 lakh by August 15 at any cost while assuring that the government was committed to completing all pending irrigation projects with minimal investment to increase the ayacut. He criticised the previous BRS regime for wasting public money on …

Telangana Cabinet Okays Rs 2 Lakh Crop Loan Waiver With Rs 31,000-Cr Spend
6 months ago

Telangana Cabinet Okays Rs 2 Lakh Crop Loan Waiver With Rs 31,000-Cr Spend

Deccan Chronicle  

Hyderabad: The Telangana Cabinet on Friday approved a proposal to waive up to Rs 2-lakh worth of crop loans for each farmer in the state by August 15, fulfilling yet another promise made by the Congress ahead of the Assembly elections in November 2023. Addressing a press conference at the Secretariat after the Cabinet meeting, Chief Minister A. Revanth Reddy …

Govt. intensifies efforts to fulfil its promise of ₹2 lakh crop loan waiver by August 15
6 months, 1 week ago

Govt. intensifies efforts to fulfil its promise of ₹2 lakh crop loan waiver by August 15

The Hindu  

The State government has intensified its efforts to mobilise financial resources for fulfilling the Congress’ election promise of crop loan waiver up to ₹2 lakh to farmers by August 15, coinciding with the Independence Day. The government has commissioned an elaborate exercise to finalise the guidelines to ensure that all eligible farmers are covered under the crop loan waiver. The …

KCR’s protest calls find no takers in BRS
7 months ago

KCR’s protest calls find no takers in BRS

Deccan Chronicle  

Hyderabad: BRS president and former chief minister K. Chandrashekar Rao is being accused of hypocrisy for ignoring farmer issues for a decade and now using the same issues and demanding immediate resolution by the Revanth Reddy government. They cultivate around 20 per cent of agricultural land but the Rao regime denied tenant farmers Rythu Bandhu, Rythu Bima, crop loan waiver, …

BRS offer: Rs 1L waiver, more aid in schemes
1 year, 3 months ago

BRS offer: Rs 1L waiver, more aid in schemes

Deccan Chronicle  

HYDERABAD: The BRS is expected to promise the increase the Rythu Bandhu amount to Rs 12,000 per acre per year from Rs 10,000 currently, if it forms government after the polls. Aiming for a hat-trick victory, the party is set to retain its promise of waiving crop loans to up to Rs 1 lakh, which was the same it had …

Crop Loan Waiver Scheme Runs it into Hiccups
1 year, 4 months ago

Crop Loan Waiver Scheme Runs it into Hiccups

Deccan Chronicle  

Hyderabad: Farmers who had repaid their crop loan on their own and had closed the account have not got the benefit of crop loan waiver that was announced recently. The State Cabinet on July 31 approved implementation of the pending aspect of the scheme from August 3 to clear crop loans up to Rs Rs 1 lakh for an overall …

TS Cabinet Likely to Act on Loan Waiver, Hikes
1 year, 4 months ago

TS Cabinet Likely to Act on Loan Waiver, Hikes

Deccan Chronicle  

HYDERABAD: All eyes are on the state Cabinet meeting slated for Monday which is expected to firm up decisions to dole out sops to various sections ahead of the Assembly elections. It is expected to take a decision on the pending crop loan waiver scheme; constituting a pay revision commission to hike salaries and pensions; employees health scheme; pay hike …

Budget 2023: Centre hikes farm credit target by 11% to Rs 20 lakh crore for FY24
1 year, 10 months ago

Budget 2023: Centre hikes farm credit target by 11% to Rs 20 lakh crore for FY24

Firstpost  

Among other big ticket announcements for agriculture and allied sectors, Nirmala Sitharaman – in her budget speech – said the Centre will launch a new sub-scheme of Pradhan Mantri Matsya Sampada Yojana with an investment of Rs 6,000 crore to improve value chain efficiencies and fisheries market New Delhi: The Centre on Wednesday announced an 11 per cent hike in …

New Year gift: KCR to waive farm loans up to ₹1 lakh
1 year, 11 months ago

New Year gift: KCR to waive farm loans up to ₹1 lakh

Deccan Chronicle  

Hyderabad: As part of its efforts to woo farmers ahead of the elections in line with the Bharat Rashtra Samithi campaign slogan Ab ki baar kisan sarkar, the Telangana government, led by Chief Minister K.Chandrasekhar Rao, plans to offer farmers a New Year's gift in January —waiver of agricultural loans of up to Rs 1 lakh, which has been pending …

Only 50% farmers benefited from farm loan waivers, finds study
2 years, 5 months ago

Only 50% farmers benefited from farm loan waivers, finds study

The Hindu  

Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014, have actually received debt write-offs, as per a study by State Bank of India’s researchers. By contrast, farm loan waivers implemented by Chhattisgarh in 2018 and Maharashtra in 2020, were received by 100% and 91% of the eligible farmers, respectively. “Since 2014, out …

Beneficiaries pay for delay in loan waiver
2 years, 7 months ago

Beneficiaries pay for delay in loan waiver

Deccan Chronicle  

HYDERABAD: Crop loan waiver schemes seem to have become a bait to lure voters for political parties in the state, with the latest being the Congress promising Rs 2 lakh crop loan waiver in its “farmers’ declaration” released in Warangal on Friday. The TRS had promised Rs 1 lakh crop loan waiver scheme during the Assembly polls in 2014 and …

Ahead of polls, Punjab govt announces to waive farmers’ loans up to Rs 2 lakh
2 years, 11 months ago

Ahead of polls, Punjab govt announces to waive farmers’ loans up to Rs 2 lakh

India TV News  

Ahead of the upcoming Assembly elections in the state, the Congress government in Punjab has announced to waive off loans of up to Rs 2 lakh for around 1.09 lakh small and marginal farmers, who own land up to five acres. "The Punjab government has decided to waive loans of farmers who have loans upto Rs 2 lakh on their …

Punjab Govt Announces Waiver of Rs 590 Cr of Loans of Labourers, Landless Farmers
3 years, 5 months ago

Punjab Govt Announces Waiver of Rs 590 Cr of Loans of Labourers, Landless Farmers

News 18  

The Punjab government on Wednesday announced waiver of Rs 590 crore worth of loans under the farm debt waiver scheme for labourers and the landless farming community. The Punjab government will pay off loans to the tune of Rs 520 crore of 2,85,325 members of the Primary Agricultural Cooperative Societies, thus ensuring a relief of Rs 20,000 per member, Chief …

BJP protests in farms over paddy procurement, payment to farmers
3 years, 6 months ago

BJP protests in farms over paddy procurement, payment to farmers

Hindustan Times  

Bharatiya Janata Party workers and leaders led by state president Deepak Prakash demonstrated in agriculture fields across the state, accusing the government of failing farmers by not procuring enough paddy and delay in payment against paddy procurement. HT Image Several members of Parliament, MLAs and senior office bearers of the party joined the protest in their respective constituencies on Friday, …

Loan moratorium: Crop, tractor loans not part of interest-on-interest waiver scheme, Centre clarifies
4 years, 1 month ago

Loan moratorium: Crop, tractor loans not part of interest-on-interest waiver scheme, Centre clarifies

India TV News  

Agriculture and allied activity loans are not eligible for the interest on interest waiver announced by the government last week, the finance ministry has clarified. Issuing additional frequently asked questions on the 'scheme for grant of ex-gratia payment of the difference between compound interest and simple interest', it said credit card dues outstanding as on February 29 would be considered …

MP Govt Says Farm Loans of over 26 Lakh Farmers Waived off, Kamal Nath Calls It a Lie
4 years, 3 months ago

MP Govt Says Farm Loans of over 26 Lakh Farmers Waived off, Kamal Nath Calls It a Lie

News 18  

The BJP government in Madhya Pradesh submitted a reply in the state Assembly on Monday stating that farm loans of more than 26 lakh farmers had been waived off as part of the Jai Kisan waiver scheme so far. Replying to a query by former Congress minister Jaivardhan Singh, state agriculture minister Kamal Patel submitted a written reply with details …

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