Ravi Krishnan
In a season of loan waivers, at least some states are thinking about providing long-term structured income or investment support for farmers.
Last week, Jharkhand anounced a plan to give Rs 5,000 per acre aid to small and marginal farmers from the next financial year. Odisha has gone a step further and promised Rs 10,000 per family “as financial assistance for taking up cultivation” for the next three financial years. These are good starts but more could be done.It’s well-known that farm loan waivers are nothing more than vote winning gimmicks and end up hurting the interests of […]
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