Tag: Loan waiver

Budget 2019: Govt woos farmers, announces Rs 6000 a year under PM Kisaan Samman Nidhi

Only 10% farmer benefit from loan waiver: NITI Aayog

Government think-tank NITI Aayog said that even as states like Maharashtra, Uttar Pradesh and Karnataka announced loan waiver to farmers, it barely helps just 10% of those in need. According to Hindustan Times reports, pitching for “targeted relief rather than blanket loan waivers”, Prof Ramesh Chand, a member at the[Read More…]

Loan waiver, a fashion show now: M Venkaiah Naidu

On Thursday, the Union urban development minister M Venkaiah Naidu said that loan waiver has become a trend now and should be waived in extreme situations only. Speaking at India’s largest municipal bond programme in Mumbai, Naidu said, “Loan waiver has become fashion now. It should be waived but in[Read More…]

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