Government On Loan Moratorium
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"Common Man's Diwali...": Top Court Nudge For Loan Relief By November 2
The Supreme Court today rejected the government's plea for a month's time to implement the interest waiver on loans of upto Rs 2 crore, asking when the government has already reached a decision, why should it take so long to implement it.
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"Courts Shouldn't Interfere In Fiscal Policy": Centre Tells Supreme Court
The government has informed the Supreme Court that "it's not possible to give more relief to various sectors" amid the novel coronavirus pandemic, stressing that "courts should not interfere in fiscal policy".
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"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
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On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
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No Loan Interest Waiver For Middle Class, Rahul Gandhi Slams "Suit Boot Ki Sarkar"
Congress leader Rahul Gandhi today attacked the government over interest on deferred loan payments and asked why it gave tax benefits of Rs 1.45 lakh crore to businesses but did not waive interest on loans for the middle class.
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Centre Extends Moratorium On Rs 15,000 Crore Soft Loan To Sugar Mills
As the Rs 15,000 crore soft loan scheme for sugar mills is moving at a snail's pace, the government has extended the moratorium period for repayments by six more months, according to sources.
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Asking for interest moratorium is Bengal's right: Mamata
It is West Bengal's right to seek a three-year moratorium on interest payments on central loans, said Chief Minister Mamata Banerjee on Wednesday, adding: "We are not beggars."
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Mamata's new 15-day ultimatum to the Centre
Mamata Banerjeee has given a 15 day deadline to the Centre on her demand for a 3 year moratorium on paying interest on huge loans taken during the tenure of the previous Left governments in the state. "It will have to be done. We are unable to pay. I have waited for one year and I will wait for another 15 days and then....," the chief minister tol...
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"Common Man's Diwali...": Top Court Nudge For Loan Relief By November 2
The Supreme Court today rejected the government's plea for a month's time to implement the interest waiver on loans of upto Rs 2 crore, asking when the government has already reached a decision, why should it take so long to implement it.
-
"Courts Shouldn't Interfere In Fiscal Policy": Centre Tells Supreme Court
The government has informed the Supreme Court that "it's not possible to give more relief to various sectors" amid the novel coronavirus pandemic, stressing that "courts should not interfere in fiscal policy".
-
"Only Solution": Centre To Waive Compound Interest On Loans Up To 2 Crore
In a huge reprieve for borrowers, the government has told the Supreme Court that it is ready to waive interest on the repayment of loans of up to Rs 2 crore, frozen by the Reserve Bank of India (RBI) in a six-month moratorium granted because of the coronavirus pandemic.
-
On Loan Moratorium And Interest Payments, Centre's October 1 Deadline
The Centre has to take a call by October 1 on how much time it will give to borrowers who have not been able to repay loans due to the coronavirus pandemic. It also has to decide whether they have to pay interest for this period, the Supreme Court said today. The government got a week's time from the Supreme Court today, by the end of which it has ...
-
No Loan Interest Waiver For Middle Class, Rahul Gandhi Slams "Suit Boot Ki Sarkar"
Congress leader Rahul Gandhi today attacked the government over interest on deferred loan payments and asked why it gave tax benefits of Rs 1.45 lakh crore to businesses but did not waive interest on loans for the middle class.
-
Centre Extends Moratorium On Rs 15,000 Crore Soft Loan To Sugar Mills
As the Rs 15,000 crore soft loan scheme for sugar mills is moving at a snail's pace, the government has extended the moratorium period for repayments by six more months, according to sources.
-
Asking for interest moratorium is Bengal's right: Mamata
It is West Bengal's right to seek a three-year moratorium on interest payments on central loans, said Chief Minister Mamata Banerjee on Wednesday, adding: "We are not beggars."
-
Mamata's new 15-day ultimatum to the Centre
Mamata Banerjeee has given a 15 day deadline to the Centre on her demand for a 3 year moratorium on paying interest on huge loans taken during the tenure of the previous Left governments in the state. "It will have to be done. We are unable to pay. I have waited for one year and I will wait for another 15 days and then....," the chief minister tol...
