RBI

Agriculture loan waiver schemes estimated at Rs 2.2 lakh crore to Rs 4.2 lakh crore

Agriculture loan waiver schemes estimated at Rs 2.2 lakh crore to Rs 4.2 lakh crore based on scenario-based analysis of possible size of debt waiver using account level data on bank credit.

Reserve Bank of India

Date : Sep 11, 2017

Mint Street Memos

The Reserve Bank of India today placed on its website the fourth release titled ‘Agriculture Loan Bank Accounts – A Waiver Scenario Analysis, co-authored by Rajendra Raghumanda, Ravi Shankar and Sukhbir Singh from Department of Statistics and Information Management’ and the fifth series titled ‘Farm Loan Waivers, Fiscal Deficit and Inflation, co-authored by Pratik Mitra, Joice John and Ashish Thomas George from the Monetary Policy Department and Indranil Bhattacharyya and Indrani Manna from the Department of Economic and Policy Research’ under the series ‘Mint Street Memos (MSM)’

The views and opinions expressed in MSM series are those of the authors and do not necessarily represent the views of the RBI.

Jose J. Kattoor
Chief General Manager

Press Release: 2017-2018/694

Share

Recent Posts

  • Income Tax

Denying accumulation of u/s 11(2) merely on grounds of delay in filing Form No. 10 is unsustainable

Denying the accumulation of u/s 11(2) merely on grounds of a procedural delay in filing Form No. 10 is unsustainable…

21 hours ago
  • Empanelment

Engagement of 05 Young Professionals CAs at Central Registrar of Cooperative Society

Engagement of 05 Young Professionals CAs in the Office of Central Registrar of Cooperative Society on contractual basis The office…

1 day ago
  • Income Tax

AO can’t take two different stands on immunity u/s 270AA(2) for a same transaction

Immunity u/s 270AA(2) in respect of a single transaction can not be denied to one assessee when the penalty was…

2 days ago
  • Income Tax

ITAT held 2000 gram jewellery reasonable in view of customary practices & CBDT Instruction

ITAT deleted addition u/s 69A towards jewellery found in search in view of Indian traditions, CBDT Instruction and High Court…

3 days ago
  • Income Tax

Documents obtained post search & information obtained from public domain not incriminating material

Documents obtained post search and information obtained from the public domain not incriminating material. Documents obtained by AO post search…

4 days ago
  • Income Tax

No second reopening for unexplained credits in bank due to bank’s name change

Information of deposits in bank did not constitute fresh information necessitating second reopening due to change in bank name In…

4 days ago