ADB Country Director Kenichi Yokoyama said there was a need to address agriculture sector distress but farm loan waiver is not an effective solution
Asian Development Bank (ADB) on Friday backed the government’s plan to implement a universal basic income (UBI) but said it needs to be assessed how such a scheme could be rolled out efficiently.
Raising doubts over farm loan waivers, it said instead of such write-offs, schemes like Telengana’s Rythu Bandhu and Odisha’s KALIA should be analysed to give support to distressed farmers.ADB Country Director Kenichi Yokoyama told reporters that the multilateral agency will scale up its India […]
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