The Logical Indian CrewPunjab https://thelogicalindian.com/news/farmers-suicide-punjab/ March 8th, 2019 / 6:35 PM Image Credit: Jagran (Representational) Punjab is a northern state in India, comfortably nestled with five rivers flowing through the state. With a history of having several of its regions a part of the great Indus Valley Civilization, the state always boasted of its extremely fertile soil …

Punjab: Why Short-Term Measures Like Farm Loan Waiver Will Not Solve Farmers’ DistressRead More »

Telangana is Proof Farm Loan Waivers Aren’t a Long-Term Solution The government has to evolve policies suitable to a particular state and fine-tune them according to local needs. Representative image of a farmer working in his sugarcane field. Credit: Reuters/Amit Dave/File photo Siraj Hussain 27/DEC/2018 ‘Nothing succeeds like success,’ first written by Sir Arthur Helps …

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The Downside of Repeated Debt Waivers BY TANIKA CHAKRABORTY AND AARTI GUPTA ON 29/06/2017 • 2 COMMENTS Debt waivers are supposed to help farmers make agricultural investments, repay future debts and tackle any other situation. But the history of waivers in India tells a different tale. Credit: PTI India is facing an agrarian crisis. There is no doubt that the …

The Downside of Repeated Debt WaiversRead More »

140813 Loan Waiver GO Telangana The eligible amount for debt waiver would be limited to the amount of loan (together with applicable interest), which is disbursed and outstanding as of 31st of March, 2014 or Rs.1,00,000 per farmer family whichever is lower. The farmer family is defined as head of the family, spouse and dependent …

Telangana Government GO on Crop Loan WaiverRead More »

140622-Chief-Secretary-Telangana-final Download Rytu Swarajya Vedhika has a submitted a memorandum with the following demands. As a first measure, the Government must delink the loan waiver proposal from distribution of Kharif loans for the current agricultural season and should immediately take action to disburse crop loans  without delay to all the farmers including Tenant farmers. While the …

Memorandum to AP Chief Secretary on Loan WaiverRead More »

http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/banks-may-write-off-rs-7200-crore-debt-to-microfinance-institutions/articleshow/21872024.cms MUMBAI: Banks that restructured Rs 7,200 crore of debt to microfinance institutions are staring at a possible write off as several of these institutions are finding it difficult to recover loans in Andhra Pradesh. Lenders had bailed out microfinance institutions (MFIs) such as Spandana Sphoorty Financial, Asmitha Microfin, Share Microfin, Trident Microfin, Future Financial Services and Basix in 2011 after the Andhra Pradesh …

Banks may write off Rs 7200 crore debt to microfinance institutionsRead More »