- Tag results for loan waiver
The Chhattisgarh Government has set an example by providing a bonus of Rs 300 for every quintal of paddy to their farmers.
The governments had to definitely look at the desirability of waivers at regular intervals.
Most of the mobile towers, windmills, private power plants and others, due to the problems associated with tax collection, have not paid any taxes to the state.
According to a Congress insider, plans to take the up the issue across all the states to make the farmers aware about the tall promises made by the PM that never saw any implementation on the ground.
Loan waiver a short-term necessity, not a method to manage farm economy, says Dr Swaminathan.
HD Kumaraswamy announced a new scheme to incentivise all running crop loan up to Rs 1 lakh in cooperative banks.
Despite mounting pressure from the Congress to roll back the hike in petrol and diesel prices, Kumaraswamy, who also holds the finance portfolio, stuck to his decision.
Modi had visited Malout town, around 275 km from Chandigarh, to address a "thanksgiving rally" organised by BJP ally Shiromani Akali Dal.
"I am not running away from the challenge, I am not an escapist. I have taken charge just a month ago. Give me time, I will fulfil all my promises," Kumaraswamy assured the Legislative Assembly.
The farmers have now decided to stage a statewide protest demanding waiver of all loans to the tune of a whopping Rs 1.20 lakh crore.
Those eligible for the waiver will now have to wait for three months before they receive a ‘debt-free’ certificate which qualifies them to avail fresh credit.
The schemes and loan waiver announced for the differently-abled was declared as ‘minimal’ and ‘inadequate’ by Karnataka State Disabled and Caregivers Federation president G N Nagaraj on Thursday.
The Rs 2,18,488cr budget is a clear reflection of the political compulsions of Kumaraswamy heading a coalition government with Congress support in the backdrop of genuine doubts.
About 79 lakh families in the state are dependent on the farm sector and the budget was expected to come out with a slew of proposals to raise their income.
In order to generate revenue for the massive loan waiver, the State has decided to increase excise duty on both fuel and alcohol, apart from the raise in road tax.