Farm Loan Waiver – Bad Politics or Good Economics..??

Hi! Welcome to the site. If you been provided access to the site through your institute and you are still not able to view the content, plz mail at ashish8012@gmail.com.
If you have reached here accidentally, would request you to visit the parent site – https://www.indiaeconomyandbusiness.com/

4 thoughts on “Farm Loan Waiver – Bad Politics or Good Economics..??”

  1. If loan waiver is done to support the farmers, it’s good. But people may misuse this in future.

    For example, suppose, my friends and relatives will take short term crop loan (50k – 150k) before the announcement. After that I will made the announcement of loan waiver and the money is with me.

    For 100 people with 1,50,000 each, it will be a 1.5 crore scam to taxpayers money.

    1. While the scope of scam is always there, for this particular issue – the waiver is announced only for loans taken before a particular date. For instance, in case of MP, it was for loans taken before 31st March 18.

Leave a Reply

Your email address will not be published. Required fields are marked *