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Maharashtra Farmer, Farm Labourer Die By Suicide Over Loan Payments: Cops
A debt-ridden farmer and a farm labourer committed suicide over a period of two days in Sillod of Maharashtra's Aurangabad district, which incidentally is the constituency of state Agriculture Minister Abdul Sattar, police said on Monday.
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Probe Agency Attaches Rs 2747 Crore Worth Assets In ABG Shipyard Fraud Case
The ED today said it has attached shipyards, agricultural lands, commercial properties and bank deposits worth more than Rs 2,747 crore as part of an alleged bank loan fraud linked money laundering investigation against ABG Shipyard Ltd.
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Cabinet Approves 1.5% Interest Aid On Agriculture Loan
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved an interest subvention of 1.5 per cent per annum on short-term agriculture loans up to Rs 3 lakh.
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Chinese Municipal Bank Issues First E-CNY Loan to Manufacturing Unit as Part of Digital Yuan Expansion
The Agricultural Commerce Bank of Zhangjiagang issued the first e-CNY loan worth CNY 500,000 to an unnamed environmental protection equipment maker keeping an intellectual property as collateral.
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Don't Extend Welfare Schemes To Those Tapping Water Illegally: Madras High Court
The Madras High Court has directed authorities concerned not to extend the government welfare schemes such as agriculture loan and subsidy for seeds and fertilizers to persons who illegally tap water.
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Congress Assures Farm Loan Waiver If Elected In Gujarat In 2022 Polls
If voted to power in Gujarat in the 2022 Assembly polls, the Congress government will take a decision to waive all the agricultural loans in the first Cabinet meeting, newly-appointed state Congress unit president Jagdish Thakor said on Monday.
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Over 50% Agricultural Families In Debt With Average Loan Of Rs 74,121 In 2019: Survey
Over 50 per cent of agricultural households in the country were in debt with average outstanding loan per household at Rs 74,121 in 2019, says a survey conducted by National Statistical Office (NSO).
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Loans Worth Rs 26,000 Crore Disbursed Under Stand Up India Scheme In Five Years
According to official figures, a total of 1,16,266 persons have been given loans worth Rs 26,204 crore since the Stand Up India scheme began.
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Non-Food Bank Credit Growth Slid In May 2021: RBI Data
Non-food bank credit growth decelerated and stood at 5.9 per cent in May 2021 as compared to 6.1 per cent in May 2020, as per RBI data.
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Farmer Leader Rakesh Tikait Demands Separate Budget For Agriculture Sector
On Budget day, farmer leader Rakesh Tikait said that the government should provide a separate budget for farmers to address various issues of the farming community. He also sought a waiver of agricultural loans of farmers.
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Make Agriculture Profitable By Reducing Input Costs: Vice President
Stating that loan waivers and subsidies provide only temporary relief to farmers, Vice President M Venkaiah Naidu on Tuesday stressed on making Indian agriculture profitable by reducing input costs and providing uninterrupted power as well as credit at low interest rates to the farming community.
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Enforcement Directorate Attaches Assets Worth Rs 255 Crore In Maharashtra Farm Loan Fraud
Properties worth Rs 255 crore have been attached in connection with a money laundering probe linked to a case of alleged agricultural loan fraud and duping of farmers in Maharashtra, the Enforcement Directorate (ED) said on Wednesday.
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Agriculture, Tractor Loans Not Part Of Government's Relief Scheme
The benchmark rate applicable for such relief would be the contract rate, which is used by the credit card issuers for the purpose of EMI loans, according to the Finance Ministry.
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Asian Development Bank To Provide $346 Million Loan For Power Supply Project In Rural Maharashtra
The Asian Development Bank (ADB) and the Government of India on Monday signed a USD 346 million loan pact to help provide efficient and reliable power supply to rural agriculture customers in Maharashtra.
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CBI Arrests Bank Of Baroda Official For Taking Bribe To Clear Farmer's Loan
The CBI has arrested a branch manager of Bank of Baroda for allegedly taking bribe from a farmer for clearing his agriculture loan, officials said Friday.
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Maharashtra Farmer, Farm Labourer Die By Suicide Over Loan Payments: Cops
A debt-ridden farmer and a farm labourer committed suicide over a period of two days in Sillod of Maharashtra's Aurangabad district, which incidentally is the constituency of state Agriculture Minister Abdul Sattar, police said on Monday.
-
Probe Agency Attaches Rs 2747 Crore Worth Assets In ABG Shipyard Fraud Case
The ED today said it has attached shipyards, agricultural lands, commercial properties and bank deposits worth more than Rs 2,747 crore as part of an alleged bank loan fraud linked money laundering investigation against ABG Shipyard Ltd.
-
Cabinet Approves 1.5% Interest Aid On Agriculture Loan
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved an interest subvention of 1.5 per cent per annum on short-term agriculture loans up to Rs 3 lakh.
-
Chinese Municipal Bank Issues First E-CNY Loan to Manufacturing Unit as Part of Digital Yuan Expansion
The Agricultural Commerce Bank of Zhangjiagang issued the first e-CNY loan worth CNY 500,000 to an unnamed environmental protection equipment maker keeping an intellectual property as collateral.
-
Don't Extend Welfare Schemes To Those Tapping Water Illegally: Madras High Court
The Madras High Court has directed authorities concerned not to extend the government welfare schemes such as agriculture loan and subsidy for seeds and fertilizers to persons who illegally tap water.
-
Congress Assures Farm Loan Waiver If Elected In Gujarat In 2022 Polls
If voted to power in Gujarat in the 2022 Assembly polls, the Congress government will take a decision to waive all the agricultural loans in the first Cabinet meeting, newly-appointed state Congress unit president Jagdish Thakor said on Monday.
-
Over 50% Agricultural Families In Debt With Average Loan Of Rs 74,121 In 2019: Survey
Over 50 per cent of agricultural households in the country were in debt with average outstanding loan per household at Rs 74,121 in 2019, says a survey conducted by National Statistical Office (NSO).
-
Loans Worth Rs 26,000 Crore Disbursed Under Stand Up India Scheme In Five Years
According to official figures, a total of 1,16,266 persons have been given loans worth Rs 26,204 crore since the Stand Up India scheme began.
-
Non-Food Bank Credit Growth Slid In May 2021: RBI Data
Non-food bank credit growth decelerated and stood at 5.9 per cent in May 2021 as compared to 6.1 per cent in May 2020, as per RBI data.
-
Farmer Leader Rakesh Tikait Demands Separate Budget For Agriculture Sector
On Budget day, farmer leader Rakesh Tikait said that the government should provide a separate budget for farmers to address various issues of the farming community. He also sought a waiver of agricultural loans of farmers.
-
Make Agriculture Profitable By Reducing Input Costs: Vice President
Stating that loan waivers and subsidies provide only temporary relief to farmers, Vice President M Venkaiah Naidu on Tuesday stressed on making Indian agriculture profitable by reducing input costs and providing uninterrupted power as well as credit at low interest rates to the farming community.
-
Enforcement Directorate Attaches Assets Worth Rs 255 Crore In Maharashtra Farm Loan Fraud
Properties worth Rs 255 crore have been attached in connection with a money laundering probe linked to a case of alleged agricultural loan fraud and duping of farmers in Maharashtra, the Enforcement Directorate (ED) said on Wednesday.
-
Agriculture, Tractor Loans Not Part Of Government's Relief Scheme
The benchmark rate applicable for such relief would be the contract rate, which is used by the credit card issuers for the purpose of EMI loans, according to the Finance Ministry.
-
Asian Development Bank To Provide $346 Million Loan For Power Supply Project In Rural Maharashtra
The Asian Development Bank (ADB) and the Government of India on Monday signed a USD 346 million loan pact to help provide efficient and reliable power supply to rural agriculture customers in Maharashtra.
-
CBI Arrests Bank Of Baroda Official For Taking Bribe To Clear Farmer's Loan
The CBI has arrested a branch manager of Bank of Baroda for allegedly taking bribe from a farmer for clearing his agriculture loan, officials said Friday.
