Premium Essay

Debt Waiver

In:

Submitted By Rishabh1908
Words 2211
Pages 9
AGRICULTURAL DEBT WAIVER AND DEBT RELIEF SCHEME, 2008
A report submitted
In partial fulfilment for requirements of the course

Public Finance

Instructor: Prof. Prem Pangotra
Prof. R. H. Dholakia
Academic Associate: Bangkim Kshetrimayum
Submitted by
Harish Mahale
Kamala Kalavacharla
Kashif Mohammad
Mayank Kansal
Rakesh Gehlot
Rishabh Bhansali
Tauseef Ahmad Khan

22ndAugust 2013 INDIAN INSTITUTE OF MANAGEMENT, AHMEDABAD
AGRICULTURAL DEBT WAIVER AND DEBT RELIEF SCHEME, 2008
Introduction
Poor farmers in India face highly volatile incomes. In such cases, the bank loans serve dual purpose of enabling productive investment and providing insurance against highly volatile income streams. But, the lack of access to any sophisticated instruments to manage income risks, leads to the poor farmers accumulating extreme levels of debt, eventually barring them from institutional credits in future.
The Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS), 2008 was launched in May 2008 by the Government of India to address the problems and difficulties faced by the farming community in repayment of loans taken by them and in helping them qualify for fresh loans.
Under the scheme, Marginal farmers (those cultivating agricultural land up to 1 hectare i.e. 2.5 acres) and ‘Small’ farmers (those cultivating agricultural land between 1 – 2 hectares (5 acres)) received complete waiver of the eligible amount (Direct agricultural loan, short term loan and investment load – Refer Appendix-1).
‘Other’ farmers (those cultivating agricultural land of more than 2 hectares) were provided a one-time relief of 25% of the eligible amount; subject to payment of balance 75% of the eligible amount by the farmer.
Agricultural loans meeting the following set of conditions were to be covered under the scheme (RBI_Circular, 2008):
• Loans disbursed between 1st April, 1997

Similar Documents

Free Essay

Fee Waier

...DocuSign Envelope ID: 05C6A373-4926-4784-B68B-C903F6FDBB43 Application Fee Waiver This application fee waiver form is required for applicants for whom an application fee is waived. These applicants may submit an application for admission without the normally required fee. Please check the applicable waiver type from the list below: Promotional Event (name) “Waived” must be entered in the “Fee Paid” reference field in Banner. Promotional waivers are prohibited in AL, AK, AR, AZ, CT, FL, GA, NM, NY, OH, OK, OR, SC, TN, UT, and WV. a. Promotions must be pre-approved as follows: i. Metros: Recommended by the Director of Admission, Metro Dean of Admissions or higher, and pre-approved by the VP, Enrollment Management ii. DeVry Online Services: Group recommendation from the Regional Deans of Enrollment Management with pre-approval by VP, Online Admissions b. The promotion must be tied to an event with a specified start and end date. For example: Application fees will be waived for students that apply during the Open House event on September 30. Approvals are for this date only, during the Open House. c. The VP, Enrollment Management will maintain a record of all promotional fee-waiver dates, and forward them to Audit Services. Military It is DeVry’s policy to waive the application fee for U.S. military personnel serving in any of the five branches of the U.S. Armed Forces (including National Guard and Reserves), and their spouses. Supporting documentation is required. Partner Education...

Words: 576 - Pages: 3

Free Essay

Library

...January 31, 2014 Staff Meeting - Everyone (Full-time) in attendance Dictation of Recording that was taken Email that sarah Ortiz send me about the application pass it along so you can read it. She talks about that you don’t need to put anything on the application. Whatever notes or whatever you need to put on the application you need to put on onto Sirsi in the extended part under notes. No notes on the paper applications, not worth putting any extra notes on the paper application. There is no reason for anyone to write stored or any other notes on the registration form staff need only to insure form is completed with the requested info and signed by the customer and make sure there is only one account and data entry completed and new entry updated. Before customer leaves the desk any additional notes on form serve no purpose and are a waste of time for the library. January rd​ 3​ email was sent out. Everybody understand that? Were passing it around so you can see. And then Mercedes sent me an email, they had sent previous and Virginia has about the applications too. it is mainly about the users whenever somebody pay for a, she had returned a book that was in collection, it still on her acct so I had to call central because on this email it says that we need to let know if we are going to waive some fines from collection because they need to update it at central. So they told me that the patron has to pay the 10 dollars even though that they returned the book, they did not use...

Words: 901 - Pages: 4

Free Essay

Condition 8503

...If condition 8503 appears on the last visa you held since entering Australia you cannot make a valid application for the visa within Australia. Condition 8503 may be waived in rare circumstances. More information on seeking a waiver of condition 8503 is contained in IARC’s Condition 8503 – no further stay information sheet. It is important that you seek advice from a registered migration agent in relation to this. Have you had a visa refused or cancelled? Since 14 September 2009, if you have had a visa refused or cancelled since you last came into Australia you may still be able to apply for this visa. However, you must: • submit both form 47SP (completed, signed and dated by you as the applicant) and 40SP (completed, signed and dated by your partner) • submit 2 statutory declarations dated no later than 6 weeks prior with the application from – each statutory declaration must declare that you and your partner are in a married relationship and must be made by an Australian citizen, Australian permanent resident or eligible New Zealand citizen (see form 888) • not have previously been refused a Spouse, Partner or Interdependency visa since last entering Australia, and • not have had your visa refused or cancelled on character grounds. In addition, if you do not hold a substantive visa (eg you are unlawful or hold a bridging visa) then you must meet the requirements set out below. IMPORTANT! If you do not hold a substantive visa When can unlawful non-citizens...

Words: 382 - Pages: 2

Free Essay

The Art of Debt Magmt

...Moms In Motion, LLC (Moms) is a Service Facilitation provider for Medicaid CD-PAS (EDCD, ID & DD Waivers) enrollees and a Case Management provider for DD Waiver enrollees. Our mission is to enhance the outcome for all of our clients and their families, by using person-centered practices while providing superior service, sharing resources, continually expanding our knowledge, and networking. Our primary areas of growth will be advocating in the school systems for our younger clients, assisting young adults with transitioning to independence, and helping our aging clients to be cared for by the people who love them. We serve clients of all ages: children, young adults and aging. Mission Statement Learn more Advocacy We believe that every person, whether young or elderly, regardless of disability, has the right to nurturing, personalized care supported by those who love them. If you are facing the challenges of finding high-quality care for your loved one, and need the support of a Waiver or other program, there are resources available for you. Get in touch with us to find out about the Medicaid Waiver programs that may be available to help you provide for the care of your loved one. There are also community-driven programs that can help you to find the resources and assistance to encourage a high quality of life for your child, elderly parent, or other loved one. More info about DMAS’s Letter on Managed Care Organization (MCO) Moms in Motion is a...

Words: 330 - Pages: 2

Premium Essay

Progressive Insurance Management Paper

...Despite being the youngest of the four major players in the auto insurance industry, Progressive has long been a major innovator in the advancement of the industry. From its founding in 1937, it has helped to transform the auto insurance industry as we know it today. Its opening introduced the industry's first drive-in claims office. Progressive’s launch of its Safe Driver Plan, revolutionized industry policy standards by adjusting customer’s rates based on their estimated level of risk. This would prove to be the backbone of Progressive’s success, which continues even today. In the early 1990s, Progressive decided to once again flip the industry on its head with the introduction of the Immediate Response Claims Service, making them the first auto insurance group to serve customers at the scene of the accident. Several years later the deployment of Progressive’s marked and outfitted Immediate Response Vehicles (IRV) helped transport trained claims professionals to wherever the customer needed. In an attempt to be there for their customers whenever accidents happen, Progressive also began offering 24/7 customer service by phone. Progressive’s 1-800-AUTO-PRO number, the industry's first toll-free, made it the only company to give consumers a Progressive quote and the rates of up to three other top competitors. With the explosion of the Internet in the 1990s, Progressive once again seized the opportunity to better their customer service; becoming the first insurance group to launch...

Words: 885 - Pages: 4

Free Essay

Gieco

...Tarleton 1/29/14 Comedic communication Geicos comedic approach has a potential to increase its attractiveness toward customers. Geico, short for government employees insurance company, is an auto insurance company who’s approach to advertising follows the format most companies use in campaigning. They hook their audience by use of attention grabbing gimmicks. When a company produces a commercial, their main objectives is to get their product or whatever they are showcasing to sell which is car insurance. Geico, a major company in car insurance, has created a line of TV commercials which makes use of a variety of types of animals such as the pig, camel, and the gecko. The gecko is the most widely used animal throughout Geico commercial history. These commercials are meant to convey the ability to navigate through their websites and apps and being accessible and to pick them over other insurance company’s. Their advertisement; “Pig in a Blanket at the Football Game” is very simple, but effective. The Author’s uses a comedic and laidback approach by introducing a pig and a joke being a pig in a blanket. The commercial is set at a football game which draws in audiences that enjoy sports along with audiences that like animals. The thought of a pig at a football game is a novelty and this in itself is an attention grabber as well. The author’s positive in the sense that the commercial is helpful in fact that it is accessible and helpful for such...

Words: 439 - Pages: 2

Free Essay

Hell

...For Roadside Assistance: 800-531-8555 Report a claim, get coverage and deductible information, request a tow from the accident scene, schedule an appraisal or reserve a rental car using: B B B usaa.com, USAA's Mobile App, or By calling 210-531-USAA (8722), our mobile phone shortcut number #8722 or 800-531-USAA. 01/30/15 Automobile Insurance Identification Card This identification card is evidence of liability insurance for your vehicle. The card is valid only as long as liability insurance remains in force. You may be required to produce your identification card at vehicle registration or inspection, when applying for a driver's license, following an accident or upon a law enforcement officer's request. Keep a copy of the ID card in your vehicle at all times. For your convenience, additional copies are available on usaa.com. FVA1 Rev. 06-13 50820-0513_01 UNITED SERVICES AUTOMOBILE ASSN VIRGINIA INSURANCE IDENTIFICATION CARD NAME DONNIE A VINSON 01368 97 39U TO POLICY NUMBER 7114 06/21/15 4 EFFECTIVE 12/21/14 DATE 2009 ACURA 19UUA86509A008172 San Antonio, Texas 78288 9800 Fredericksburg Road Additional copies available at usaa.com CONTACT US: 210-531-USAA(8722) OR 800-531-USAA For Roadside Assistance: 800-531-8555 Report a claim, get coverage and deductible information, request a tow from the accident scene, schedule an appraisal or reserve a rental car using: B B B usaa.com, USAA's Mobile App, or By calling 210-531-USAA (8722), our mobile phone shortcut...

Words: 402 - Pages: 2

Premium Essay

Gm520 Week2 Homework

...Darlene Couture Lgl, Poli, Ethcl Dimns of Busn Professor: Louis Pearsall 01/19/2013 HB119 Personal Injury Protection (PIP) for Auto Insurance Fraud General Bill by Economic Affairs Committee and Insurance & Banking Subcommittee and Boyd (CO-SPONSORS) Albritton; Broxson; Costello; Horner; Tobia; Wood | Motor Vehicle Personal Injury Protection Insurance: Revises conditions for completing long-form traffic crash report; provides that certain entities exempt from licensure as health care clinic must nonetheless be licensed in order to receive reimbursement for provision of PIP benefits; requires that application for licensure, or exemption from licensure, as health care clinic include statement regarding insurance fraud; specifies additional unfair claim settlement practice; authorizes Division of Insurance Fraud of DFS to establish direct-support organization for purpose of prosecuting, investigating, & preventing motor vehicle insurance fraud; specifies effects of Florida Motor Vehicle No-Fault Law. | Effective Date: July 1, 2012 | Last Event: Chapter No. 2012-197; companion bill(s) passed, see CS/CS/HB 1101 (Ch. 2012-151) on Sunday, May 06, 2012 8:42 PM | Date Available for Final Passage: Tuesday, March 13, 2012 6:19 PMhttp://www.myfloridahouse.gov/Sections/Bills/billsdetail.aspx?BillId=47180 | 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation...

Words: 934 - Pages: 4

Premium Essay

Dedication

...just got treated (if that’s the right word for it) to a hard-sell from the Enterprise Rent-A-Car at Los Angeles Airport. I’m blogging about the event because it illustrates exactly how NOT to sell if you want repeat customers. Here’s how their routine works. When the customer agent checks out the driver’s identification, he or she attempts to make a connection about the driver’s place of residence. (I heard the exact same questions being asked at the other desks, with varying levels of success). Then, after this ham-handed attempt at rapport building, the agent personally escorts you to your car, pretending that you’re getting the VIP treatment. Then comes the hard sell. As you’re walking the lot, the agent tries to get you to upgrade to a bigger (i.e. higher priced) car, with the implication that you’re cheap if you don’t upgrade. Then, once you get to the car that you actually rented, the agent tries to sell you a full tank of gas “because it’s cheaper per gallon than the pump price.” (Which is technically true, but only if you bring the car back completely empty). Then comes the upsell on unnecessary insurance. My agent wouldn’t let it go and kept pounding away on how I wouldn’t be covered, most insurance companies don’t cover everything, what’s your insurance company, yada-yada-yada. Very annoying, because I’m well aware that rental car insurance is a huge ripoff: if you took the rate and extended it out for a entire year, it would usually cost more than...

Words: 698 - Pages: 3

Free Essay

Survey

...State Farm Survey Hi! Am I speaking with the Man/Lady of the house? My name is _________ and I’m a Marketing student as SOSU and as part of a class project, we are doing a survey of area residents. Would you mind taking a few moments to answer some questions for me? Your choice to participate is strictly voluntary and your responses are confidential and anonymous. Please understand that there is no correlation between survey responses and e-mail addresses. We really need your help and hope you will take a few minutes to complete the online questionnaire (the survey should take less than fifteen minutes). You can withdraw from the survey at anytime. You should understand that by agreeing to take this survey, as with all surveys, you are accepting any potential risks associated with taking surveys. This survey has been approved by the University’s Human Subject Research Review Committee. For more information on this research, contact Dr. Robert E. Stevens, John Massey School of Business R109, Southeastern Oklahoma State University, Durant, OK 74701, Phone: 580-745-3181 (If the answer is yes, begin the survey with question one. 1. Are you or anyone else living in your home presently employed by an insurance company? _____Yes ________No (If yes, thank and terminate) 2. Do you have auto insurance? (If no, thank and terminate) _____Yes _____No 3. Which brand of auto insurance do you carry? _____State Farm _____Geico _____Progressive _____American...

Words: 682 - Pages: 3

Free Essay

Car Rental

...Nowadays technology is going fast so many technologies that related with daily life and one technology that very influence in the field of education is that web based or blog because it can Access data anytime, anywhere, around the world. Most people always have access to potentially huge library of information whether they are working from home, in the office. The Car Rental Management System is a system that facilitates to the people who want to travel even from the country or abroad. From the information that I have search, I can realize the problem that affected the quality of vehicle service. So, I have inspiration to improve the vehicle service for tour in many ways such as Van, Bus and Car, to make the traveler enjoy among their trip in three Southern Provinces. Because the old system cannot respond all requirements of the customer so, this study, therefore, investigates the important information for further improving the Car rental management system. By focused on safety, convenience and reliable, to make confident and trustful for the customer. From the reason that I mentioned above, I can summarize as follows:- 1. The quality of car The quality of car is one of the important factors for choosing the car among the customers. Because they have to use it in all trips, if the car has problem or broken it makes waste time of them. Thus, the quality of car is an important for vehicle services. 2. The vehicle insurance The customers will choose the first vehicle insurance...

Words: 376 - Pages: 2

Premium Essay

Gqendkekek,, Y, Y

...Bus 109 qn 1 5pts Draw a demand and supply curve . Label properly with axis. Explain the curve and how it works . How to shift both curves. How to shift demand curve. 10 pts increase demand by doing what ?: Make people want it more. Marketing or advertising . Red line goes up. Not enough supply. New equilibrium point (higher on the price axis) *shift to the right. * price increase and quantity increase. 10 pts draw and explain increase in technology and how it effects the graph: Supply increases so it is cheaper to produce. The supply curve shifts to the right because more quantity produced. Price also decreases. Qn2 Personal Insurance. Liability automobile insurance bodily injury liability : held legally liable for damage caused by car or driving eg disability,death, breadwinner is handicapped and can no longer earn for the family. Property damage liability insurance damage to the other persons car or other property eg house that you drove into. COGS in a truck that's hit. Uninsured motorist. The person has no auto insurance. Bodily damages , breadwinner, medical bills. (first party insurance covers your own family and own party) Medical payments only medical bills. Group insurance also included. Possibly not first party liability but if it was your fault. Personal injury protection (no fault states only. Only two no fault states) take care of major injuries. Time off work(breadwinner situation) , medical bills. Physical damage protection ...

Words: 2229 - Pages: 9

Premium Essay

Acme Company Policy

...Acme Company Job Title: Sales Manager Administrative Assistant | Department: Sales | Job Code: SMAA/25 | Revision Date: 05/2010 | Job Grade: TG5 | Job Summary Performs administrative and office support activities for the sales manager. Duties include those described for administrative assistant, however, this position typically supports a sales department exclusively. May assist both full-time and part-time employees or freelance staff. Key Responsibilities Types correspondence, reports, team documents, and other items as requested for the sales manager using Microsoft Word on the computer to insure documents are professional. Files sales reports alphabetically in the file cabinet to insure tracking and access of reports. Makes travel arrangements for sales manager through travel agency. Identifies travel schedule and destination for sales manager by reviewing sales manager’s calendar and meeting dates/times to insure sales manager is at destination when needed. Books airline passage by finding a flight that meets schedule criteria as well as budget in order to insure sales manager is at destination when needed. Arranges transportation to airport and rental car at destination by finding a car based on car rental agency contract in place in order to allow sales manager transportation at destination. Supervision Given/Received This position requires little to no supervision. This position is occupational, union represented. Qualifiers Knowledge...

Words: 326 - Pages: 2

Premium Essay

Decision of Uncertainty

...Decision: Should I purchase Car Insurance on a Rental Car For every trip I take, I normally rent a car and have always purchased the rental car insurance coverage rental cars offer. Hertz provides economical rental plan of $9.99 per day for four day week rate in comparison to other car rental services. Expenses for extension exceeding reservation of car follow the rate of $17.99 per day along with tax charges of $3.00 per day. Insurance rate of accidence of body/collision is $12.99/day extra. Insurance amount will be reduced by $500.00 for any cases of accident in the claim. The decision of uncertainly in the present case requires selection between personal and car rental service provided insurance through application of probability concept. Research “Car Accident Statistics, Stats, Auto, Fatal, and Drunk Driving” provides the figure for probabilistic estimation of accidents as the chances of one in 16 cars being the case of collision. Once I got the data for odds of accidents, I focused on accurately interpreting my data to make right decision. I have to find the prediction of advantages of choosing car rental insurance over covering the claim in personal policy in forthcoming section. Interpretation of Data Applying Bayes’ Theorem I chose to use Bayes' theorem as the probability model to interpret my data because it is most applicable to my 2100 mile rental insurance decision. The Bayes' theorem emulates the process of logical inference by determining the degree...

Words: 1011 - Pages: 5

Premium Essay

Traveling Salon

...Marketing plan Direct mail: travelinsalon@gmail.com Internet: Facebook, twitter. These sites are free and we going to use this pages to promote the beauty salon. People can like us on Facebook and then give their opinion. Also they can give us feedback and we will respond to this. We also put pictures on the website to attract people. On twitter we will also put pictures and comments. Like where the bus is on that moment. So we are easy to find then. Telephone sale: 0336 60 34 42 83 Advertising: Word of mouth Publications: Every time that we move from place, we put a message on twitter and Facebook so people can check where we are. We also let the costumers know how long we stay at that place. Signposting: We share our location by Facebook and Twitter. Presentation material: loyalty cards. Annual costs for marketing: Application: 350eurs Set up internet site: €1.500,- Loyalty card: €120 Total: 1970 Contact persons: Name/s of owner: Address: Telephone: Email: Name/s of owner Address Telephone Email: Name/s of owner Address : Telephone : Email: Action plan: * Openings week * A week with promotion , * Update our social media two times a day * Every week a special week menu * Facebook action, * Everyone who is referring to an other client gets a loyalty card for free * Give special discounts for events like valentine’s day ( because they go out for this special night) Management...

Words: 562 - Pages: 3