Loan Waiver
Andhra Pradesh ~ India ~ International ~ City ~ Entertainment ~ Business ~ Sports ~ Technology ~ Health ~ Features
Districts ~ State Politics ~ District Officials ~ Tollywood ~ Telangana News Online ~ Praja Rajyam Online
Home / Andhra Pradesh News / 2008 / March / March 6, 2008
Loan waiver scheme to all farmers
Agriculture / Farmers

Cabinet meeting gives nod for cooperative farming
Bill to be introduced in the State Assembly

Farmer organizations urges Government to scrap No Due Certificate
Accuses banks of collecting money for issue of the certificate

Essential commodities prices soar sky high as transporters go on strike
100kg rice bag price hikes by Rs. 250

Free power till ryots seek tariff
Chief Minister directs officials to ensure quality service

Loan waiver scheme to all farmers
Loan waiver for SC/STs taken as relief and not a policy decision

Statewide bandh evokes partial response
Agitators stalls Finance Minister at Gannavaram airport

Chief Minister requests Prime Minister to fix Minimum Support Price for paddy
Writes detailed letter explaining reasons

Agricultural Minister cautions seed companies
Warns officials to be alert

Cent percent subsidy for Horticulture farmers
Government makes announcement

Farmers disrupted Pothyreddipadu Project work
Demands irrigation for village

Evyavasayam Portal soon
Agriculture Department to reach farmers more closely

Farmers lock up power staff
Demand for nine-hour power supply

More features on Agriculture / Farmers

Top News

Loan waiver scheme to all farmers

Loan waiver for SC/STs taken as relief and not a policy decision

Hyderabad, March 6, 2008

Seeking to stave off criticism that the Centre's loan waiver scheme would benefit defaulting farmers, the Congress Government in the State has decided in principle to extend the facility to those farmers who have promptly repaid their debts. The State Government will initially request the Centre to somehow allow the benefit of waiver to all farmers or, at least, bear the financial burden partially. If there is no positive response from the Centre, the Government may work out a scheme on its own.

Chief Minister, Dr.YS Rajasekhara Reddy held detailed discussions with the Ministers and senior officials on Thursday on the loan waiver scheme. Apart from the Opposition's criticism, the Chief Minister has himself expressed reservations on the scheme benefiting only the defaulters while ignoring those farmers who repaid their debts sincerely. He is credited with the view that it would benefit only fifty percent of small and marginal farmers even though the expenditure on it in the State would be around Rs.10,000 crore.

Later, speaking to media, the Finance Minister, K Rosaiah said that the Government would formulate its plan once the Centre issued guidelines on the scheme which would reveal the actual number of beneficiary farmers and also the extent of the financial assistance burden. He further said that another scheme on the anvil, also outside the budget proposals was to ensure sale of some more essential commodities in addition to rice to card holders at subsided prices and thus arrest inflationary trend in the open market.

Andhra Pradesh on March 6, 2008

Fervor and gaiety mark Shivaratri
Shiva temples illuminated across the State

Kadiyam Srihari Pro-Telangana remarks create ripples
Senior Party leaders feels personal agenda behind outburst

Loan waiver scheme to all farmers
Loan waiver for SC/STs taken as relief and not a policy decision

March 6 in History

Events and happenings on 6 March in History

6 March 2001
Highlights: President of Colombia Mr. Andrews Arangu visited Hyderabad today

6 March 2002
Highlights: Funeral of Sri Balayogi held - Prime Minister attends funderal

6 March 2003
Highlights: Justice Devendar Gupta is new CJ of High Court

6 March 2004
Highlights: Congress alleges TDP of provoking people

6 March 2005
Highlights: Top Naxal arrested

6 March 2006
Highlights: Satyam achieves SEI CMMI level 5

6 March 2007
Highlights: Chief Minister to launch Arogyasri

Suggested pages for your additional reading on Facebook

© 2000-2018 All Rights Reserved and are of their respective owners.
Disclaimer, Terms of Service & Privacy Policy | Contact Us