Tag: KCC

  • Lok Sabha witnesses heated arguments over factor of farm mortgage waivers

    Via PTI

    NEW DELHI: Lok Sabha on Tuesday witnessed heated arguments between the Treasury and Opposition benches over the problem of farm mortgage waivers with Speaker Om Birla making an intervention and telling the individuals that advances underneath the Kisan Credit score Card scheme aren’t written off.

    Whilst asking a supplementary, NCP member Supriya Sule sought to grasp whether or not the federal government has any plans to waive off the loans given to the farmers underneath the Kisan Credit score Card (KCC) scheme.

    Replying to the query, Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and Dairying, mentioned it was once for the primary time in remaining such a lot of many years that Top Minister Narendra Modi has prolonged the scheme to fishermen and dairy farmers because the KCC was once previous confined handiest to agricultural farmers.

    He mentioned its primary goal is to offer small farmers institutional credit score as much as Rs 1.6 lakh with none collateral.

    But even so, Rupala mentioned, if a farmer repays the mortgage promptly, she or he would get 3 in keeping with cent passion subversion from the central govt and a few state governments too supply passion subversion as much as 4 in keeping with cent to the KCC debtors.

    So, just about a farmer isn’t paying any passion on his mortgage whether it is paid on time, he mentioned.

    Sule and different opposition individuals then mentioned the minister was once now not giving the solution to the particular query on whether or not the federal government was once making plans to waive off the KCC loans taken via the farmers, to which Rupala reacting strongly.

    He mentioned the opposition was once handiest offering a lip carrier and the real welfare paintings for farmers is being performed via Top Minister Modi.

    When different opposition individuals additionally protested, the Speaker attempted to calm them down via pronouncing that as in keeping with his wisdom, the loans given underneath the KCC are by no means waived off.

    Previous, DMK individuals protested strongly when Union Minister of State for Fisheries and Animal Husbandry L Murugan mentioned the Modi govt has been pursuing welfare schemes as in keeping with the BJP election manifesto whilst some political events and their state governments weren’t doing so.

    DMK individuals, led via its chief T R Baalu, protested the remarks made via Murugan, who hails from Tamil Nadu.

    Baalu accused Murugan of enjoying politics reasonably than correctly replying to a bonafide query associated with fishermen.

    The speaker then advised the DMK individuals that the minister has neither named any political birthday party nor any state and that they will have to now not be indignant.

    NEW DELHI: Lok Sabha on Tuesday witnessed heated arguments between the Treasury and Opposition benches over the problem of farm mortgage waivers with Speaker Om Birla making an intervention and telling the individuals that advances underneath the Kisan Credit score Card scheme aren’t written off.

    Whilst asking a supplementary, NCP member Supriya Sule sought to grasp whether or not the federal government has any plans to waive off the loans given to the farmers underneath the Kisan Credit score Card (KCC) scheme.

    Replying to the query, Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and Dairying, mentioned it was once for the primary time in remaining such a lot of many years that Top Minister Narendra Modi has prolonged the scheme to fishermen and dairy farmers because the KCC was once previous confined handiest to agricultural farmers.

    He mentioned its primary goal is to offer small farmers institutional credit score as much as Rs 1.6 lakh with none collateral.

    But even so, Rupala mentioned, if a farmer repays the mortgage promptly, she or he would get 3 in keeping with cent passion subversion from the central govt and a few state governments too supply passion subversion as much as 4 in keeping with cent to the KCC debtors.

    So, just about a farmer isn’t paying any passion on his mortgage whether it is paid on time, he mentioned.

    Sule and different opposition individuals then mentioned the minister was once now not giving the solution to the particular query on whether or not the federal government was once making plans to waive off the KCC loans taken via the farmers, to which Rupala reacting strongly.

    He mentioned the opposition was once handiest offering a lip carrier and the real welfare paintings for farmers is being performed via Top Minister Modi.

    When different opposition individuals additionally protested, the Speaker attempted to calm them down via pronouncing that as in keeping with his wisdom, the loans given underneath the KCC are by no means waived off.

    Previous, DMK individuals protested strongly when Union Minister of State for Fisheries and Animal Husbandry L Murugan mentioned the Modi govt has been pursuing welfare schemes as in keeping with the BJP election manifesto whilst some political events and their state governments weren’t doing so.

    DMK individuals, led via its chief T R Baalu, protested the remarks made via Murugan, who hails from Tamil Nadu.

    Baalu accused Murugan of enjoying politics reasonably than correctly replying to a bonafide query associated with fishermen.

    The speaker then advised the DMK individuals that the minister has neither named any political birthday party nor any state and that they will have to now not be indignant.