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Sonia Gandhi praises PM for farm loan waiver

March 8th, 2008 - 2:07 pm ICT by admin
New Delhi, March 8 (IANS) Congress president Sonia Gandhi Saturday praised Prime Minister Manmohan Singh for waiving off farmers' loans to the tune of Rs.600 billion, saying the decision will bring smiles ... Read more...

Posted in Politics |

Deshmukh for relaxation in farmer loan waiver criterion

March 5th, 2008 - 8:17 pm ICT by admin
New Delhi, March 5 (IANS) Maharashtra Chief Minister Vilasrao Deshmukh Wednesday sought a revision in the criteria for loan waiver to farmers, saying only 76 percent of farmers will benefit from the ... Read more...

Posted in Business |

Maharashtra starts counting farmers eligible for loan waiver

March 4th, 2008 - 6:51 pm ICT by admin
Mumbai, March 4 (IANS) The Maharashtra government has started a district-wise survey to find out the number of farmers who will benefit from the farm loan waiver announced in India's national budget ... Read more...

Posted in Business |

Farmers’ body lauds debt relief, asks for barrier-free market

March 4th, 2008 - 12:30 pm ICT by admin
By Rajeev Ranjan Roy New Delhi, March 4 (IANS) Lauding the central government's farm loan waiver as a "daring move", a leading farmers' association has said the government must also ease restrictions on ... Read more...

Posted in Business |

India gets populist election budget, loan waiver to farmers

February 29th, 2008 - 8:56 pm ICT by admin
(Evening Lead) By Arvind Padmanabhan New Delhi, Feb 29 (IANS) Promising to spur growth with equity, India's Finance Minister Palaniappan Chidambaram Friday unveiled a Rs.7,508 billion/$185-billion national budget that includes a massive loan waiver ... Read more...

Posted in Business |

Money for farmers will end up in party coffers: Lord Desai

February 29th, 2008 - 7:58 pm ICT by admin
By Dipankar De Sarkar London, Feb 29 (IANS) Much of the Rs.600 billion set aside to waive the public sector loans of small and marginal farmers will end up lining the coffers of ... Read more...

Posted in Business |

India’s populist budget cuts taxes, hikes social sector spending

February 29th, 2008 - 6:43 pm ICT by admin
(Second Lead)New Delhi, Feb 29 (IANS) Presenting a Rs. 750,884 crore ($185 billion) election budget with massive allocations for social sectors and a blanket loan waiver for farmers, India's Finance Minister P. ... Read more...

Posted in Business |

Budget gives 40 million farmers relief from debt

February 29th, 2008 - 6:42 pm ICT by admin
New Delhi, Feb 29 (IANS) India's budget for 2008-09 Friday came as a bonanza for 40 million farmers with Finance Minister P. Chidambaram announcing a complete loan waiver to around 30 million ... Read more...

Posted in Business |