Budget 2008

BJP questions Budget on loan waiver to farmers

ANI - Tue, Mar 4

New Delhi, Mar 4 (ANI): Calling the 2008-09 Budget populist, Bharatiya Janata Party (BJP) leaders today sought answers from the UPA Government as to how funds would be garnered for the proposed waiver of loans for small and marginal farmers.

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Farm loan waiver was needed to curb inflation: P Chidambaram ANI - Mon, Mar 3
New Delhi, Mar 03 (ANI): Finance Minister P Chidambaram on Monday said in a meeting with Industry associations in the capital that the loan waiver provided for the farmers was very much warranted as it was necessary that India should not rely on imported food grains for its requirements.
Sensex plunges by over 900 points ANI - Mon, Mar 3
Mumbai, Mar 3 (ANI): The 30-share sensitive index (sensex) of the Bombay Stock Exchange (BSE) on Monday opened with a negative gap of 351 points at 17,228 and shed over 900 points before closing at 16,677 points.
Kerala farmers stage a "crawling march" ANI - Mon, Mar 3
New Delhi, Mar 3 (ANI): Farmers in large numbers participated in a crawling march in New Delhi to protest against the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, 2002 that empowers banks to dispose of defaulters' securities to recover dues.
India's benchmark index crashes over 900 points IANS - Mon, Mar 3
Mumbai, March 3 (IANS) After opening the day in the red Monday, the Indian equity markets plunged deeply despite Finance Minister P. Chidambaram saying there was no cause for worry.
Fall in Indian shares echoes global cues: Chidambaram IANS - Mon, Mar 3
New Delhi, March 3 (IANS) The fall in Indian stock markets Monday reflect what is happening globally and there was not much cause for worry as India's growth stock was intact, Finance Minister P. Chidambaram has said.
Budget session of Assam Assembly begins ANI - Mon, Mar 3
Dispur, Mar 3 (ANI): The month-long Budget Session of Assam Assembly for year 2008-09 will commence here today.
Haldia Petrochemicals worried over naphtha duty re-imposition IANS - Sat, Mar 1
Kolkata, March 1 (IANS) Haldia Petrochemicals Ltd (HPL), a showpiece joint venture project of the West Bengal government, is worried over the proposal in the union budget to re-impose five percent import duty on naphtha.
Farmers needn't repay 'unauthorised' moneylenders: Pawar IANS - Sat, Mar 1
Mumbai, March 1 (IANS) A day after Finance Minister P. Chidambaram waived bank loans to small farmers in the annual budget, Agriculture Minister Sharad Pawar said here Saturday that farmers need not pay back loans taken from 'unauthorised' moneylenders either.
Loan waiver fails to satisfy Kerala farmers IANS - Sat, Mar 1
Kozhikode, March 1 (IANS) The farmers of Wayanad, which is in the grip of an agrarian crisis, feel that the waiver of agricultural loans announced in the union budget alone will not provide the needed relief to the farmers.
BJP dubs Budget a populist disaster recipe ANI - Sat, Mar 1
New Delhi, March 1 (ANI): Former Finance Minister Yashwant Sinha has termed the Budget presented by Finance Minister P. Chidambaram as a 'populist' one and one that is a perfect 'recipe for long-term economic disaster'.
Tata undecided about reducing Nano price IANS - Sat, Mar 1
Mumbai, March 1 (IANS) Following the reduction in excise duties in the union budget, automobile major Tata Motors has slashed the prices of its Indica and SUV models. However, the company Saturday said it was undecided about lowering the price of its forthcoming model Nano, already considered the world's cheapest car at Rs.100,000 ($2,500).
Farmers need long-term relief: Mayawati IANS - Sat, Mar 1
Lucknow, March 1 (IANS) Finance Minister P. Chidambaram's massive loan waiver plan has failed to impress Uttar Pradesh Chief Minister Mayawati, who said the move would not provide any long-term relief to the poverty-ridden farmers.
Andhra farmers elated with loan waiver IANS - Sat, Mar 1
Hyderabad, March 1 (IANS) Many farmers in Andhra Pradesh feel relieved as Finance Minister P. Chidambaram's budget announcement of farm loan waiver will remove a 'big burden' from their shoulders.
Big Karnataka farmers call loan waiver discriminatory IANS - Sat, Mar 1
Bangalore, March 1 (IANS) Farmers in Karnataka Saturday termed the union government's decision to waive loans of small and marginal farmers as 'discriminatory'.
Bundelkhand farmers remain sceptical about loan waiver beenfits IANS - Sat, Mar 1
New Delhi, March 1 (IANS) Farmers from Uttar Pradesh's poverty-ridden Bundelkhand region are not much enthused by the Rs.600 billion farm loan waiver announced by Finance Minister P. Chidambaram in the annual budget as they doubt its benefits will ever reach them.
Budget a recipe for disaster: Yashwant Sinha IANS - Sat, Mar 1
New Delhi, March 1 (IANS) Former finance minister and senior Bharatiya Janata Party (BJP) leader Yashwant Sinha Saturday termed the union budget 2008-09 as 'a recipe for long-term economic disaster'.
Pay Commission report may reverse credit rating: S&P IANS - Sat, Mar 1
Chennai, March 1 (IANS) Global credit rating agency Standard and Poor's Ratings Services (S&P) warned Saturday that India's credit rating, currently at BBB-/Stable/A-3, may be revised lower after the Sixth Pay Commission's report.
Swaminathan hopes budget marks 'end of farmer suicides' IANS - Sat, Mar 1
Chennai, March 1 (IANS) Eminent farm scientist M.S. Swaminathan has called the 2008-09 budget 'forward looking' and hoped that the Rs.600 billion loan waiver would 'mark the beginning of the end of the era of farmer suicides'.
Minorities front welcomes people friendly budget ANI - Fri, Feb 29
New Delhi, Feb. 29 (ANI): All India Minorities Front president S. M. Asif has hailed the Budgetary provisions for Minorities at point No. 47 of the Budget speech especially the proposal to recruit members of minority communities in the Centralaramilitary Forces and also opening of New Branches of Banks in the areas of their density.