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LATEST NEWS UPDATES | Are Loan Waivers a Panacea for Rural Distress? -Nilanjan Banik

Are Loan Waivers a Panacea for Rural Distress? -Nilanjan Banik

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published Published on Dec 5, 2018   modified Modified on Dec 5, 2018
-Economic and Political Weekly

Small and marginal farmers are not the real beneficiaries of loan waivers. In the year following loan waivers, small farmers lose out on three counts: lower access to formal loans, falling agricultural revenue because of higher informal loan costs, and falling agricultural productivity. Instead, supply-side interventions could make a real difference in farmers’ lives as a long-term alternative to loan waivers.

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Economic and Political Weekly, Vol. 53, Issue No. 47, 01 Dec, 2018, https://www.epw.in/journal/2018/47/commentary/are-loan-waivers-panacea-rural-distress.html


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