Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Farm loan waiver weighs on BJD

Biswa Bhusan Mohapatra, OP
Updated: December 18th, 2018, 08:00 IST
in Home News, Metro
0
Representational image

Representational image

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Also Read

Kishtwar cloudburst: Death toll climbs to 64 after woman's body recovered

Kishtwar cloudburst: Death toll climbs to 64

1 hour ago
Lot of interest about Gaganyaan world over: Shubhanshu Shukla tells PM Modi

Lot of interest about Gaganyaan world over: Shubhanshu Shukla tells PM Modi

1 hour ago

Bhubaneswar: With the saffron’s debacle in three Hindi heartland states due to farmer issues and the waiver of crop loan by Kamal Nath Monday hours after he took oath, pressure mounted on the ruling Biju Janata Dal (BJD) to address the farmer issues in state on priority.
BJD President and Chief Minister Naveen Patnaik admitted that farmer issue is the main reason behind the fall of BJP governments in Rajasthan, Madhya Pradesh and Chhattisgarh.
Opposition Congress and the BJP in Odisha have already announced that they will waive farm loan once they form government here.
“The Congress stands strongly with our farmers. MP government’s decision to waive farm loans on Day 1 of taking office is a testimony of the same. When Congress forms government in Odisha, we will do the same,” Pradesh Congress Committee (PCC) president Niranjan Patnaik tweeted.
Earlier, BJP leader and Union minister Dharmendra Pradhan had announced to waive all pending crop loans once the party comes to power. Under such circumstances, pressure mounted on the BJD to announce some big sops for the farmers’ community without much delay.
At government-level, an inter-ministerial committee has been formed under the chairmanship of finance minister Sashibhusan Behera while at party-level, the BJD Monday announced to stage protests before Parliament January 8 demanding a hike in the minimum support price (MSP) of paddy.
Speaking to reporters here, Biju Krushak Janata Dal (BKJD) secretary general Pratap Jena said his party leaders and workers will stage a demonstration in front of Parliament in New Delhi January 8, demanding a hike in the minimum support price (MSP) of paddy to Rs 2,930 per quintal as decided by the State Assembly.
According to political analysts here, though economists suggest crop loan waiver is not a healthy practice for economy, the BJD wants to go for it. Sources said the party may announce some big sops for farmers. If the government goes for a crop loan waiver, there will be an additional Rs 20,000 crore burden on the state exchequer.
If the state government goes for a complete waiver, the burden will be over Rs 25,000 crore for all banks and Rs 15,000 crore for cooperative banks.
Similarly, the additional burden on the state exchequer will be around Rs 12,500 crore if the government gives the relief to non-defaulter farmers, they said.

Tags: Biju Krushak Janata DalBJDFarm loan waiverFarm loan waiver in OdishaKamal NathPCC
Share17TweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019

Archives

Editorial

Plastic Threat

Plastic
August 19, 2025

More than 400 million tons of plastic are produced globally each year, half of which is for single-use items. Nearly...

Read moreDetails

Road To Peace?

Putin-Trump summit: India welcomes progress
August 18, 2025

US President Donald Trump and his Russian counterpart Vladimir Putin’s much-anticipated summit in Anchorage, Alaska, on 15 August was warm...

Read moreDetails

Freedom Under Siege

August 17, 2025

We celebrated Independence Day this month, the culmination of our freedom struggle. Independence and freedom from what? From alien rule...

Read moreDetails

Tariff Tactic

Tariff
August 13, 2025

The effects of US President Donald Trump’s imposition of a 50 per cent tariff on Indian goods have started to...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST