Farm Loan

Thursday, Apr 18, 2024 | Last Update : 09:38 AM IST

The Union Budget had also announced measures to farming sector in addition annual payment of Rs 6,000 to small and marginal farmers.

RBI raises collateral-free farm loan limit to Rs 1.6 lakh

Currently, the banks are mandated to extend collateral-free agricultural loans up to Rs 1 lakh.

07 Feb 2019 12:51 PM

In 2017, Uttar Pradesh, Maharashtra and Punjab announced to write off unpaid loans. (Photo: PTI/File)

Generalised farm loan waiver impacts credit culture: RBI Governor

Earlier this year, the coalition government in Karnataka also announced a farm loan waiver.

07 Jan 2019 4:01 PM

At present, farmers get for short-term farm loan of up to Rs 3 lakh at 7 per cent interest rate. (Photo: PTI)

Govt mulls zero interest on timely crop loan repayment as new year gift

The government has set a target to provide Rs 11 lakh crore credit to farmers in the current fiscal.

28 Dec 2018 3:08 PM

Farm loan waivers will impact yields as loan growth recovers.

Farm loan waivers to touch USD 40 bn by 2019 elections: report

Farm loan waivers really amount to about 1.5 per cent of gross domestic product.

06 Jul 2018 1:52 PM

The total amount deposited will be less than Rs 20,000cr.

Farm loan waiver to benefit not more than 50 lakh

The total amount that would be deposited into farmers’ accounts will be less than Rs 20,000 crore.

11 Apr 2018 2:33 AM

Only Rs 5,141 crore of farm loan waiver amount disbursed

It also claimed that 40 lakh more farmers will get their loan waiver amount in next eight-nine days.

06 Dec 2017 2:10 AM

Co-operative minister Subhash Deshmukh assured an inquiry into the matter. “Our priority is to give loan waiver to farmers. (Photo: PTI)

State will probe farm loan a/c ‘discrepancy’

Number of farm loan accounts stated by banks reduce by 13 lakh.

11 Oct 2017 2:53 AM

Farm loan waivers to farmers have been sugested to placate agricultural crisis in country. (Photo: PTI)

Will make state famers a debt-free community: Maha govt

Chief Minister Devendra Fadnavis announces that homeless would be provided houses by 2019.

15 Aug 2017 5:15 PM

The GR also said the Rs 10,000 loan would be given only to those who want to sow crops for the Kharif season.

Bombay HC says no to PIL on farm loan

Plea challenged a GR that said Rs 10K loan will be given only to needy.

21 Jul 2017 2:21 AM

Three more farmers commit suicide in Madhya Pradesh. (Representational Image)

3 more farmers end lives in MP, 20 suicides in fortnight

Madhya Pradesh recently witnessed farmers' stir over loan waiver, farm produce prices and other demands.

22 Jun 2017 8:47 PM

Agricultural states resort to such loan waivers, the impact on consolidated fiscal deficit could be 1 to 1.3 per cent of GDP. (Photo: PTI)

Farm loan waivers may lead to fiscal slippages: report

Domestic brokerage firm said around Rs 1.6 trillion of farm loans could come up for waiver.

16 Jun 2017 1:21 PM

Maharashtra disbursed Rs 8,332 crore crop loan

Loans have been given for period starting June 1 till June 12 for current Kharif season.

16 Jun 2017 9:44 AM

Farm loan waivers risk fiscal slippages, inflation: RBI

About 1.07 crore farmers with less than five acres of land would be eligible for it.

07 Jun 2017 4:17 PM

The loan waivers would likely worsen the fiscal deficits and leverage levels of the state governments.

Farm loan write-offs may hurt India's economy

India's total public sector debt, as a share of gross domestic product, stands at around 66 per cent.

19 Apr 2017 12:39 PM

Farm loan waivers upset credit discipline: SBI Chairman

Arundhati Bhattacharya said bank has not received any proposal to waive off farm loans in Uttar Pradesh.

15 Mar 2017 2:23 PM

The government's demonetisation move, which pulled out 86 per cent of currency in circulation, has badly affected farmers as they have little cash to buy agri-inputs for winter crops and are even facing hardship in repaying crop loans. (Photo: Representational Image)

Farm loan interest period extended by 60 days: Centre

Under the interest subvention scheme, farmers get the short-term crop loan of up to Rs 3 lakh for 1 year at an interest rate of 7 per cent.

20 Dec 2016 4:27 PM

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Syed Ata Hasnain

Farm loan