Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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-The Economic Times

The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.

Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before..."/>
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-The Economic Times

The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.

Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before..." />
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    <h1 class="cat-box-title">How bankruptcy code can help fix India&#039;s agrarian crisis -Aishwarya Satija</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.<br /></em><br />Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central &amp; state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable.<br /><br />Waivers may work as a temporary remedy to provide relief from debts in times of extreme economic distress. But they don&rsquo;t go far in providing any structural relief to resolve problems of the agricultural sector. In August 2017, RBI&rsquo;s Monetary Policy Committee (MPC) noted that the implementation of farm loan waivers could hurt the finances of states, undermine the quality of public spending, and stoke inflation. Apart from burdening the public exchequer, waivers have also been criticised for having limited benefits in practice. <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/how-bankruptcy-code-can-help-fix-indias-agri-crisis/articleshow/68260995.cms" title="https://economictimes.indiatimes.com/news/economy/policy/how-bankruptcy-code-can-help-fix-indias-agri-crisis/articleshow/68260995.cms">click here</a> to read more.</div>                                                           
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The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.

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                            <div align="justify">-The Economic Times<br /><br /><em>The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.<br /></em><br />Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central &amp; state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable.<br /><br />Waivers may work as a temporary remedy to provide relief from debts in times of extreme economic distress. But they don&rsquo;t go far in providing any structural relief to resolve problems of the agricultural sector. In August 2017, RBI&rsquo;s Monetary Policy Committee (MPC) noted that the implementation of farm loan waivers could hurt the finances of states, undermine the quality of public spending, and stoke inflation. Apart from burdening the public exchequer, waivers have also been criticised for having limited benefits in practice. <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/how-bankruptcy-code-can-help-fix-indias-agri-crisis/articleshow/68260995.cms" title="https://economictimes.indiatimes.com/news/economy/policy/how-bankruptcy-code-can-help-fix-indias-agri-crisis/articleshow/68260995.cms">click here</a> to read more.</div>                                                           
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-The Economic Times

The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.

Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before..."/>
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-The Economic Times

The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.

Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before..." />
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    <h1 class="cat-box-title">How bankruptcy code can help fix India&#039;s agrarian crisis -Aishwarya Satija</h1>
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                            <div align="justify">-The Economic Times<br /><br /><em>The IBC&rsquo;s &lsquo;fresh start&rsquo; process provides a systematic manner of waiving debts overseen by a judicial body.<br /></em><br />Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central &amp; state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable.<br /><br />Waivers may work as a temporary remedy to provide relief from debts in times of extreme economic distress. But they don&rsquo;t go far in providing any structural relief to resolve problems of the agricultural sector. In August 2017, RBI&rsquo;s Monetary Policy Committee (MPC) noted that the implementation of farm loan waivers could hurt the finances of states, undermine the quality of public spending, and stoke inflation. Apart from burdening the public exchequer, waivers have also been criticised for having limited benefits in practice. <br /><br />Please <a href="https://economictimes.indiatimes.com/news/economy/policy/how-bankruptcy-code-can-help-fix-indias-agri-crisis/articleshow/68260995.cms" title="https://economictimes.indiatimes.com/news/economy/policy/how-bankruptcy-code-can-help-fix-indias-agri-crisis/articleshow/68260995.cms">click here</a> to read more.</div>                                                           
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How bankruptcy code can help fix India's agrarian crisis -Aishwarya Satija

Published on Mar 6, 2019   Modified on Mar 6, 2019

-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable. Waivers may work as a temporary remedy to provide relief from debts in times of extreme economic distress. But they don’t go far in providing any structural relief to resolve problems of the agricultural sector. In August 2017, RBI’s Monetary Policy Committee (MPC) noted that the implementation of farm loan waivers could hurt the finances of states, undermine the quality of public spending, and stoke inflation. Apart from burdening the public exchequer, waivers have also been criticised for having limited benefits in practice. Please click here to read more.

The Economic Times, 5 March, 2019, https://economictimes.indiatimes.com/news/economy/policy/how-bankruptcy-code-can-help-fix-indias-agri-crisis/articleshow/68260995.cms

Tagged with: Farm Credit Farm Debt Indebtedness Insolvency and Bankruptcy Code

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