Farm Loan Waiver – “Is it good or bad for the economy?”
| Vol-4 | Issue-02 | February 2019 | Published Online: 10 February 2019 PDF ( 205 KB ) | ||
| DOI: https://doi.org/10.5281/zenodo.2578076 | ||
| Author(s) | ||
Sethi Bharti
1;
Chugh Ramit
2;
Khatri Eesha
3
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1Assistant Professor, Department of Home Science, Dr. K.C.B. P.G. College , Bhilai 3, C.G. (India) 2M.Tech.Scholar, Department of Mechanical Engineering, B.I.T., Durg, C.G. (India) 3Associate Design Engineer, Department of Mechanical Engineering, Fluor Daniel India Pvt. Ltd., Gurugram, Haryana (India) |
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| Abstract | ||
Loan waivers may provide immediate relief to the problem but fail to provide any help in solving the fundamental issues being faced by the farmers and removing the root cause of the problem. Waivers in some states create pressure in other states to implement the same. These generally benefit the rich farmers who have easy access to the banks, better financial literacy and awareness. |
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| Keywords | ||
| loan waiver, Debt, GDP, Informal loans | ||
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