"I propose to waive farm loans totalling Rs 34,000 crore, with Rs 2 lakh per farmer family," Chief Minister H.D. Kumaraswamy announced in the Assembly while presenting the budget for fiscal 2018-19.
Claiming that farmers who take up allied activities such as poultry and dairy along with traditional farming, do not commit suicide, he said cultivators must be able to export their produce for better returns.
At least 87 companies of SAF, along with 5000 additional forces, have been deployed in 18 different districts of the state to tackle the situation. 100 vehicles have been provided to the police force in districts like Bhopal, Indore, Rajgarh and Dati
Karnataka Election: Congress president promises farm loan waiver if voted to power
The farmers, led by Left-affiliated All India Kisan Sabha (AIKS), are demanding, among other things, proper implementation of the Maharashtra government’s loan waiver scheme.
Opposition Congress, NCP, Raj Thackeray-led Maharashtra Navnirman Sena (MNS) and AAP, as well as ruling ally Shiv Sena have extended support to the farmers' march.
The march, led by All India Kisan Sabha (AIKS) - a peasants front of the Communist Party of India (Marxist), was launched from Nashik on Tuesday.
Observing that the government has not waived any loans of big NPA defaulters, he regretted that over the last few days, a rumour is being propagated about "waiver of loans of capitalists by banks".
The government has said that the Aadhaar-based linking will avoid any duplication as well as fake accounts getting the benefit of the loan waiver.
The Maharashtra government had stressed on online registration by farmers with their Aadhaar.
The RSS chief said that the need of the hour was to streamline the entire agriculture sector so that it would become profitable in the long-term.
A new trend is catching up fast in India’s agriculture sector where farmers deliberately default on their dues to financial institutions, in hopes that the government will waive their loans sooner or later
The farm loan waiver will put an additional burden of at least Rs 30,000 crore on the state exchequer in Maharashtra.
A cultivator allegedly committed suicide at a village in Solapur district, leaving behind a note purportedly stating that he should not be cremated till Chief Minister Devendra Fadnavis visits his place and meets their demands
Madhya Pradesh Home Minister on Thursday admitted that the probe initiated by the state government has confirmed that the deaths were a result of police firing
After waiving loans of farmers, the Uttar Pradesh government is contemplating forgoing loans upto Rs 1 lakh of the differently-abled or 'Divyangs'.
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