Farm loans

FARM LOANS NEWS

Farm lending: Kisan Credit Card bad loans rise by 42% in four years

March 11, 2025 7:39 am

The outstanding NPA amount in the segment surged to Rs 97,543 crore as at end of December 2024, compared to Rs 68,547 crore at end of March 2021, the RBI said in its reply to the RTI request filed by The Indian Express

Labour Day Gift: 10% of total crop loss compensation will now go to farm labourers, announces CM Mann

April 29, 2023 9:10 am

The cabinet meeting was held in Ludhiana, not Chandigarh, as part of the Sarkaar Aapke Dwaar initiative.

Punjab: Cabinet nod to ordinance to remove Centre’s objection to use fund for waiving off farm loans

April 13, 2022 2:37 pm

The Centre had said that the RDF, levied by Punjab on the Centre while procuring foodgrains for the Central pool, could not be used for a populist scheme and did not release Rs 1,150 crore pertaining to the Kharif procurement season of 2021.

Bombay HC asks banks to disburse crop loans, refund Rs 5-crore interest to farmers

October 19, 2020 2:13 am

The court also directed the banks not only to disburse loans to remaining beneficiaries under the scheme at the earliest but also to refund the interest, to the tune of Rs 5 crore, collected by them immediately to farmers and disposed of the PIL.

Farm loans not waived fully: Jyotiraditya Scindia

October 12, 2019 2:20 am

Addressing party workers in Bhind, Scindia said, “You had promised to waive farm loans of up to Rs 2 lakh. But loans of up to only Rs 50,000 have been waived. Loans of up to Rs 2 lakh should be waived.”

Defaulting Punjab farmers face jail as banks file criminal cases

February 18, 2019 10:27 am

All the farmers who faced criminal action for defaulting on loans say they were made to sign on blank cheques.

Farm loans: Who, how much and waiver worries — all your questions answered

June 14, 2017 8:44 am

The Indian Express explains how RBI defines farm credit, how it’s disbursed and the dangers of writing off loans.

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