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Centre not considering farm loan waiver Jaitley

News and Press Release - Dated:- 20-6-2017 - New Delhi, Jun 20 (PTI) The Centre is not considering any proposal for farm loan waiver, Finance Minister Arun Jaitley said today, a day after Punjab approved waiving of loans for nearly 10 lakh farmers in the state. There is no such proposal. We have got FRBM Act and fiscal deficit target, we intend adhering to it, he said here. In Union Budget 2017-18, the fiscal deficit has been pegged at 3.2 per cent, lower than 3.5 per cent in the last financial .....

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ng higher support prices for their produce as well as waiver of loans. The central government stance assumes significance against the backdrop of farm loan waiver already announced by Maharashtra and Uttar Pradesh even as the country recently witnessed violent protests from farmers in Madhya Pradesh demanding debt relief. Uttar Pradesh was the first state this year to announce ₹ 36,359 crore farm debt waiver for small and marginal farmers. Punjab yesterday announced total waiver of crop lo .....

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