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Centre rules out farm loan waivers, commits to meet fiscal targets

The Centre, he said, will adhere to all fiscal targets including fiscal deficit

Press Trust of India  |  New Delhi 

Arun Jaitley, Arun, Jaitley
Arun Jaitley

Minister on Tuesday ruled out any waiver of farm loan and said the Centre will adhere to fiscal targets.

The remark came as became the third state after and to announce waiver of loans given to farmers.



Replying to questions from reporters, said the Centre is not considering any such plan.

The had in 2008 waived farm loan to the tune of Rs 74,000 crore.

The Centre, he said, will adhere to all fiscal targets including

He said he would not comment on the loan waivers by states and had already made his position clear last week.

On June 12, had said the Centre will not fund any of the loan waivers by states and they will have to find their own funds for doing so.

"I have already made the position clear that states which want to go in for these kind of schemes (farm loan waivers) will have to generate them from their own resources. Beyond that the central has nothing more to say," he said.

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Centre rules out farm loan waivers, commits to meet fiscal targets

The Centre, he said, will adhere to all fiscal targets including fiscal deficit

The Centre, he said, will adhere to all fiscal targets including fiscal deficit Minister on Tuesday ruled out any waiver of farm loan and said the Centre will adhere to fiscal targets.

The remark came as became the third state after and to announce waiver of loans given to farmers.

Replying to questions from reporters, said the Centre is not considering any such plan.

The had in 2008 waived farm loan to the tune of Rs 74,000 crore.

The Centre, he said, will adhere to all fiscal targets including

He said he would not comment on the loan waivers by states and had already made his position clear last week.

On June 12, had said the Centre will not fund any of the loan waivers by states and they will have to find their own funds for doing so.

"I have already made the position clear that states which want to go in for these kind of schemes (farm loan waivers) will have to generate them from their own resources. Beyond that the central has nothing more to say," he said.
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Business Standard
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Centre rules out farm loan waivers, commits to meet fiscal targets

The Centre, he said, will adhere to all fiscal targets including fiscal deficit

Minister on Tuesday ruled out any waiver of farm loan and said the Centre will adhere to fiscal targets.

The remark came as became the third state after and to announce waiver of loans given to farmers.

Replying to questions from reporters, said the Centre is not considering any such plan.

The had in 2008 waived farm loan to the tune of Rs 74,000 crore.

The Centre, he said, will adhere to all fiscal targets including

He said he would not comment on the loan waivers by states and had already made his position clear last week.

On June 12, had said the Centre will not fund any of the loan waivers by states and they will have to find their own funds for doing so.

"I have already made the position clear that states which want to go in for these kind of schemes (farm loan waivers) will have to generate them from their own resources. Beyond that the central has nothing more to say," he said.

image
Business Standard
177 22