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.

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