Farm waivers may work for political appeasement and as a tool to turn a blind eye to the otherwise pressing problems in the sector, but they are no long-term sustainable solutions.
A look into the KALIA scheme aimed at addressing farmer distress.
Once the economy booms, as it is bound to, jobs will start creating themselves.
Reform by stealth is no longer a viable proposition in India’s political economy.
All wasn’t well when the UPA’s 2008 farm loan waiver scheme passed the scrutiny of the CAG.
Four states have already waived off farm loans worth Rs 88,000 crore this fiscal year.
The new chief of the data analytics wing of the Congress got it all wrong – by a distance.
‘Krishi Rin Mochan Yojna’ will waive off farm loan amounts of up to Rs 1 lakh.
Waivers aren’t the way to go.
Farm loan waivers must end.
Populist measures like loan waivers hurt the economy.
Let’s hope Yogi Adityanath implements the scheme in a way that there isn’t a need to promise more loan waivers
The writing on the wall is clear. The number of farmers in the country will dwindle.
The report highlights the continuing structural issues with regard to indebtedness among households, especially rural ones.