Patidar Agitation: Kejriwal backs Hardik Patel’s demand to waive off farm loan
India | Sep 03, 2018, 02:16 PM ISTKejriwal took to social media and tweeted in support of Hardik Patel.
Kejriwal took to social media and tweeted in support of Hardik Patel.
"Hardik Patel has expressed his wish to donate his eyes in case of his death," Patidar Anamat Andolan Samiti (PAAS) spokesperson Manoj Panara told reporters at Hardik's residence near Ahmedabad where he has been observing fast since August 25.
Many large states have announced farm loan waivers last year, as farmer suicides became a big political tool.
The Congress has alleged that the ruling party has done this in order to garner the votes of farmers.
Karnataka Chief Minister H D Kumaraswamy announces Rs 34,000 crore crop loan waiver scheme in the state budget.
Vasundhara Raje informed the house that the decision of loan waiver up to Rs 50,000 for small and marginal farmers will cost Rs 8,000 crore to the exchequer.
The Congress on Monday released its manifesto for the upcoming Assembly elections in Gujarat, promising a string of reforms, with the focus on providing relief to farmers in the poll-bound state.
Maharashtra CM Devendra Fadnavis today said around 36 lakh farmers in the state will get complete loan waiver.
The Supreme Court today stayed the order of Madras High Court directing the state government to extend its crop loan waiver scheme to all farmers.
According to the CM, the waiver will help all debt-ridden farmers and small and marginal ones entirely. He also said that the loan waiver will put a burden on the state treasury.
Naidu’s remarks come days after Finance minister Arun Jaitley ruled out Central funding for any state's farm loan waiver and said that the Centre will adhere to fiscal targets.
The Karnataka government on Wednesday announced a crop loan waiver of up to Rs 50,000 per farmer that will cost Rs 8,165 crore to the state exchequer
The FRBM committee has set a 3.2 per cent fiscal deficit target for the current year. Jaitley's response comes a day after Punjab announced farm loan waiver following Uttar Pradesh and Maharashtra.
However in the long term, loan waiver does not provide secure credit system.
The farm loan waiver will put an additional burden of at least Rs 30,000 crore on the state exchequer in Maharashtra.
Finance Minister Arun Jaitley on Monday said that the states which are keen on farm loan waiver “must generate funds from their own resources”
Calls for farm loan waiver have gained momentum following CM Yogi Adityanath's decision to do so in Uttar Pradesh. The decision has come in for criticism from both the RBI as well as NABARD
A day after Uttar Pradesh Chief Minister Yogi Adityanath announced crop loan waiver up to Rs 1 lakh, Maharashtra Chief Minister Devendra Fadnavis today said the state government will study the UP model of farm loan waiver worth Rs 36,000 crore.
A day after Uttar Pradesh Chief Minister Yogi Adityanath waived off loans up to Rs 1 lakh of small and marginal farmers in the state, Congress vice-president Rahul Gandhi termed the move as a “partial relief” but “a step in the right decision”.
A look at how successive governments have extended crop loan waiver schemes but fell short of providing real solutions to farmers' woes
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