Loan Waiver Scheme
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Subsidised Cylinders, Loan Waivers: Priyanka Gandhi's Chhattisgarh Poll Pitch
Priyanka Gandhi Vadra on Monday promised several measures, including waiving of loans of SHGs, subsidised cooking gas cylinders under a new scheme, and free treatment to road accident victims if Congress retains power in Chhattisgarh.
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Congress Promises Farm Loan Waiver Revival In Madhya Pradesh Comeback Bid
The Congress in Madhya Pradesh has promised that if it is voted to power in the state assembly polls next year, it would reintroduce the farm loan waiver scheme that it had brought after forming a government in 2018.
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States Need To Re-Prioritise Expenditure, Says SBI Report
Many states are spending high amounts on populist schemes and with the GST compensation ending in June, they need to re-prioritise their expenditure
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No Farm Loan Waiver Scheme By Centre In Last 5 Years: Minister
The government has not given any farm loan waiver to farmers in the last five years and this year so far, Parliament was informed on Monday.
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Rajasthan To Bring One-Time Crop Loan Waiver Scheme: Chief Minister
Rajasthan Chief Minister Ashok Gehlot on Monday said the state government will give relief to poor farmers by bringing a one-time scheme to waive crop loans taken from nationalised banks.
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Punjab To Release Rs 1,200 Crore To Clear Loans Of Farmers Under Debt Waiver Scheme
Punjab Chief Minister Charanjit Singh Channi announced release of funds worth Rs 1,200 crore to clear loans up to Rs 2 lakh under the existing debt waiver scheme along with cancellation of all FIRs against farmers in the state
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Punjab Launches Debt Waiver Scheme For Farm Labour, Landless Farmers
Punjab Chief Minister Amarinder Singh on Friday rolled out a Rs 520 crore debt relief scheme for 2.85 lakh farm labourers and landless farmers on the occasion of the 77th birth anniversary of former Prime Minister Rajiv Gandhi.
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Income Tax Payee, Among Others, To Be Excluded From Loan Waiver In Assam
Assam chief minister Himanta Biswa Sarma had promised loan waiver to poor women in order to provide relief amid the COVID-19 pandemic.
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Bengal, Tamil Nadu's Last Minute Schemes Before Poll Dates Announcement
At least two of the five poll-bound states today rushed to announce populist schemes hours ahead of the election dates being announced. Tamil Nadu and West Bengal introduced various policy changes seemingly aimed at electoral prospects. The model code of conduct, which comes into effect immediately after the Election Commission declares the poll da...
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Tamil Nadu Government Rolls Out Rs 12,110 Crore Crop Loan Waiver Scheme
Marking the rollout of the Rs 12,110 crore crop loan waiver scheme for over 16 lakh ryots in Tamil Nadu, Chief Minister K Palaniswami on Saturday gave away certificates to nine farmers in Chennai.
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RBI Asks Lenders To Implement Waiver Of Interest On Interest Scheme By November 5
Housing loans, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme.
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Centre Files Affidavit Before Supreme Court In Loan Moratorium Case
The Central Government has filed its detailed affidavit before the Supreme Court in connection with the loan moratorium case where it has stated that the interest waiver scheme can be availed by borrowers in specified loan accounts for a period from March 1 to August 31, 2020.
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Banks Given November 5 Deadline To Implement Interest Waiver Scheme
The top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest.
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Banks Free To Restructure Loans, But Can't Penalise Borrowers, Supreme Court Told
Banks are free to restructure loans, but they cannot penalise honest borrowers by charging interest on deferred EMIs under the moratorium scheme, a petitioner said in the Supreme Court on Wednesday. The top court was hearing a batch of petitions seeking a waiver of interest on deferred EMIs during the moratorium period, which was introduced by the ...
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Uday Kotak Suggests Cash Benefits For Those Had Salaries Under Rs 25,000 And Lost Jobs During COVID-19
He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system
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Subsidised Cylinders, Loan Waivers: Priyanka Gandhi's Chhattisgarh Poll Pitch
Priyanka Gandhi Vadra on Monday promised several measures, including waiving of loans of SHGs, subsidised cooking gas cylinders under a new scheme, and free treatment to road accident victims if Congress retains power in Chhattisgarh.
-
Congress Promises Farm Loan Waiver Revival In Madhya Pradesh Comeback Bid
The Congress in Madhya Pradesh has promised that if it is voted to power in the state assembly polls next year, it would reintroduce the farm loan waiver scheme that it had brought after forming a government in 2018.
-
States Need To Re-Prioritise Expenditure, Says SBI Report
Many states are spending high amounts on populist schemes and with the GST compensation ending in June, they need to re-prioritise their expenditure
-
No Farm Loan Waiver Scheme By Centre In Last 5 Years: Minister
The government has not given any farm loan waiver to farmers in the last five years and this year so far, Parliament was informed on Monday.
-
Rajasthan To Bring One-Time Crop Loan Waiver Scheme: Chief Minister
Rajasthan Chief Minister Ashok Gehlot on Monday said the state government will give relief to poor farmers by bringing a one-time scheme to waive crop loans taken from nationalised banks.
-
Punjab To Release Rs 1,200 Crore To Clear Loans Of Farmers Under Debt Waiver Scheme
Punjab Chief Minister Charanjit Singh Channi announced release of funds worth Rs 1,200 crore to clear loans up to Rs 2 lakh under the existing debt waiver scheme along with cancellation of all FIRs against farmers in the state
-
Punjab Launches Debt Waiver Scheme For Farm Labour, Landless Farmers
Punjab Chief Minister Amarinder Singh on Friday rolled out a Rs 520 crore debt relief scheme for 2.85 lakh farm labourers and landless farmers on the occasion of the 77th birth anniversary of former Prime Minister Rajiv Gandhi.
-
Income Tax Payee, Among Others, To Be Excluded From Loan Waiver In Assam
Assam chief minister Himanta Biswa Sarma had promised loan waiver to poor women in order to provide relief amid the COVID-19 pandemic.
-
Bengal, Tamil Nadu's Last Minute Schemes Before Poll Dates Announcement
At least two of the five poll-bound states today rushed to announce populist schemes hours ahead of the election dates being announced. Tamil Nadu and West Bengal introduced various policy changes seemingly aimed at electoral prospects. The model code of conduct, which comes into effect immediately after the Election Commission declares the poll da...
-
Tamil Nadu Government Rolls Out Rs 12,110 Crore Crop Loan Waiver Scheme
Marking the rollout of the Rs 12,110 crore crop loan waiver scheme for over 16 lakh ryots in Tamil Nadu, Chief Minister K Palaniswami on Saturday gave away certificates to nine farmers in Chennai.
-
RBI Asks Lenders To Implement Waiver Of Interest On Interest Scheme By November 5
Housing loans, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme.
-
Centre Files Affidavit Before Supreme Court In Loan Moratorium Case
The Central Government has filed its detailed affidavit before the Supreme Court in connection with the loan moratorium case where it has stated that the interest waiver scheme can be availed by borrowers in specified loan accounts for a period from March 1 to August 31, 2020.
-
Banks Given November 5 Deadline To Implement Interest Waiver Scheme
The top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest.
-
Banks Free To Restructure Loans, But Can't Penalise Borrowers, Supreme Court Told
Banks are free to restructure loans, but they cannot penalise honest borrowers by charging interest on deferred EMIs under the moratorium scheme, a petitioner said in the Supreme Court on Wednesday. The top court was hearing a batch of petitions seeking a waiver of interest on deferred EMIs during the moratorium period, which was introduced by the ...
-
Uday Kotak Suggests Cash Benefits For Those Had Salaries Under Rs 25,000 And Lost Jobs During COVID-19
He also said that giving a waiver of interest for a six-month moratorium on loan repayment would rupture the financial system
