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Monday, November 4, 2024
TopicFarm loan

Topic: Farm loan

India’s top private lenders see farm loan defaults rising amid weak rural economy

IndusInd Bank CEO Sumant Kathpalia said microfinance loan disbursal slowed in April-June due to LS polls and heatwaves, adding that rural areas were recovering from pandemic impact.

Why Congress wants farm loan default not to be a criminal offence when it never was

Loan default is a civil offence in India, but several defaulting farmers have been booked under criminal charges, which perhaps explains the Congress manifesto.

Banks are saddled with bad loans of farmers as well, not just corporates

Although their share in the total NPA pool has reduced, bank NPAs from agriculture have shot up by at least 23% in a year.

Video of Rahul Gandhi saying he’s against farm loan waivers is doctored

An altered clip from Congress chief Rahul Gandhi’s press conference has been retweeted by hundreds, including Delhi BJP chief Satish Upadhyay.

Maharashtra farmers’ discontent boiling over, protest march to reach Vidhan Bhavan Monday

March began at Nashik; crop failures and BJP govt’s inability to deliver on its promise of a farm loan waiver are at the heart of the discontent.

On Camera

Kashmiri jihadists more resilient than we think. Rebuilding J&K Police is key to counter them

The new jihadists in J&K have harried Indian forces, staged a series of ambushes, and now begun to target Indian civilian infrastructure projects.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.