The truth about farm loan waivers https://ift.tt/eA8V8J

Farm loan waivers are customised schemes announced by states to help the peasants. The quantum announced is impressive, but the actual amount disbursed is much lower. Further, it gets spread over a period of 2-5 years for a variety of reasons. If waivers are bad and create a moral hazard, doesn’t the same principle apply to NPAs that are finally written off?

from Indian News Websites https://ift.tt/35Z3JpH
via IFTTT

Post a Comment