Finance Minister Arun Jaitley yestarday initiated discussions on farm loan waiver scheme with the agriculture ministry and some states. Agriculture Minister Radha Mohan Singh, Maharashtra Chief<br/>Minister Devendra Fadnavis and Tamil Nadu Finance Minister D<br/>Jayakumar were among those who met Mr.Jaitley to discuss various<br/>issues concerning farmers including the loan waiver scheme.<br/><br/>The Finance Minister has assured that the central government would consider their demands positively and come up with some scheme to help farmers in distress.<br/><br/>However, Bankers have expressed concern over farm debt waiver scheme saying this kind of schemes disrupt credit discipline among borrowers.
News On AIR | March 18, 2017 7:52 AM
Centre initiates discussion on farm loan waiver