Farm loan waivers kill credit culture, need to focus on agri distress resolution: Former RBI governor Raghuram Rajan
Loan waivers cover only those farmers who have taken loans from the formal system, Raghuram Rajan said
Year 2018 showed us farmer suicides and agri distress aren't fake news; will 2019 be any different for the kisan?
Suicides by farmers despite the rollout of freebies should be an important lesson to the government that waiving off farm loans is hardly a way to address farm distress, either in the short-term or long-term.
Memo to Venkaiah Naidu: Loan waiver didn't become a fashion overnight; Centre must share the blame too
Naidu must not forget that it was none other than Prime Minister Narendra Modi who sowed the seeds of a series of loan waiver demands across the country by promising one for Uttar Pradesh farmers in the run-up to the elections.
Madhya Pradesh farmers' protest: Rahul Gandhi is only worsening problem with flawed logic on loan waiver
Rahul Gandhi's intent to help the grieving farmers is laudable, but his argument will only encourage more farmers to join the protests seeking freebies
Farm loan waiver undermines honest credit culture and entails transfer of taxpayers' money, Urjit Patel has cautioned
Andhra Pradesh and Telangana governments have declared loan waivers for the farmers hit by cyclone Phailin last year