No loan waivers for 40% of eligible farmers in three key states: Nabard study

The study also found that waivers increased the risk of deliberate failure by farmers; 72-85% of respondents felt they were pushing honest farmers to default on farm loans

Topics
Loan waivers | farmer loan waivers | Uttar Pradesh

Do Farm Loan Waivers Really Help Farmers? A joint study by Nabard and producer group Bharat Krishak Samaj found that in the three states of Uttar Pradesh, Punjab and Maharashtra, which had loan waivers in place since April 2017, almost 40% of “farmers in great distress” had received no benefit from the derogations.

Regarding the much-talked-about electoral impact of agricultural loan exemptions, the Nabard survey found that since 2012, thirteen Indian states have implemented loan exemption programs for farmers. “And only four of the 21 political parties lost the elections…




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First published: Fri 22 Apr 2022. 19:26 IST

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