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Context
Farm Loan Waiver
History of Farm loan Waivers
Medieval India
Modern India
Timeline of major farm loan waivers in India 2008: Rs 52,000 crore were released by the Indian government as part of the Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS), in order to address the financial indebtedness of the farmers right before the 2009 general election. 2014: In Andhra Pradesh, a farm loan waiver of Rs 40,000 crore was announced while a Rs 20,000 crore farm loan waiver was announced in Telangana. 2017: Uttar Pradesh announced a farm loan waiver of Rs 36,000 crore. Maharashtra soon followed suit with a Rs 35,000 crore waiver, though the actual amount is expected to be much greater. |
Rationale behind Farm Loan Waivers
How effective are farm loan waivers?
Drawbacks of farm loan waiver
Final thoughts
Read about the recommendations in detail here: https://pib.gov.in/newsite/PrintRelease.aspx?relid=114860
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