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: 73
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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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\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

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: 74
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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 Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.&lt;br /&gt;
&lt;br /&gt;
In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &amp;ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&amp;rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.&lt;br /&gt;
&lt;br /&gt;
In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&amp;rdquo; he said. &amp;ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.
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-The Hindu

Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive...&#039;,
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&lt;br /&gt;
&lt;em&gt;Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&amp;rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&amp;rdquo; he said. &amp;ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.
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-The Hindu

Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive...&#039;
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-The Hindu

Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive..."/>
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                <strong>No farm loan waiver: Centre</strong></h1>
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                <div align="justify">-The Hindu<br /><br /><em>Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.<br /></em><br />On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.<br /><br />In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&rdquo;<br /><br />During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.<br /><br />In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans.<br /><br />&ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&rdquo; he said. &ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&rdquo;<br /><br />Please <a href="https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true" title="https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true">click here</a> to read more.</div>               </font>
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-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.&lt;br /&gt;
&lt;br /&gt;
In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &amp;ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&amp;rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.&lt;br /&gt;
&lt;br /&gt;
In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&amp;rdquo; he said. &amp;ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.
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Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive...&#039;,
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&lt;br /&gt;
&lt;em&gt;Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&amp;rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&amp;rdquo; he said. &amp;ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.
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Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive...&#039;
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Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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-The Hindu

Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive..."/>
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                <strong>No farm loan waiver: Centre</strong></h1>
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                <div align="justify">-The Hindu<br /><br /><em>Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.<br /></em><br />On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.<br /><br />In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&rdquo;<br /><br />During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.<br /><br />In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans.<br /><br />&ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&rdquo; he said. &ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&rdquo;<br /><br />Please <a href="https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true" title="https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true">click here</a> to read more.</div>               </font>
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-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&amp;rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.&lt;br /&gt;
&lt;br /&gt;
In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&amp;rdquo; he said. &amp;ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.
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Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

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&lt;em&gt;Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
On a day when the BJP&amp;rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&amp;rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.&lt;br /&gt;
&lt;br /&gt;
In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &amp;ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&amp;rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
&amp;ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&amp;rdquo; he said. &amp;ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.
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Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

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-The Hindu

Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive..."/>
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                <strong>No farm loan waiver: Centre</strong></h1>
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                <div align="justify">-The Hindu<br /><br /><em>Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.<br /></em><br />On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.<br /><br />In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&rdquo;<br /><br />During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.<br /><br />In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans.<br /><br />&ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&rdquo; he said. &ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&rdquo;<br /><br />Please <a href="https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true" title="https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true">click here</a> to read more.</div>               </font>
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-The Hindu<br />
<br />
<em>Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.<br />
</em><br />
On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.<br />
<br />
In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&rdquo;<br />
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During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.<br />
<br />
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<br />
&ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&rdquo; he said. &ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&rdquo;<br />
<br />
Please <a href="https://www.thehindu.com/news/national/no-farm-loan-waiver-centre/article25727590.ece?homepage=true">click here</a> to read more.
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Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

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-The Hindu<br />
<br />
<em>Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.<br />
</em><br />
On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers.<br />
<br />
In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said &ldquo;the Union government at present is not considering any loan waiver scheme for farmers.&rdquo;<br />
<br />
During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers&rsquo; loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power.<br />
<br />
In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans.<br />
<br />
&ldquo;Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,&rdquo; he said. &ldquo;Further, each waiver granted makes it even more difficult to reject any future similar demand.&rdquo;<br />
<br />
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Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha.

On a day when the BJP&rsquo;s loss in three State elections was partly attributed to rural distress and the Congress&rsquo;s promise to waive...'
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No farm loan waiver: Centre

-The Hindu Write-offs encourage defaulters, affect credit culture, Union Minister of State for Agriculture Parshottam Rupala tells Lok Sabha. On a day when the BJP’s loss in three State elections was partly attributed to rural distress and the Congress’s promise to waive farm loans, the government told the Lok Sabha that it was not considering any loan waiver scheme as it would affect the credit culture, incentivise defaulters, create a moral hazard and perpetuate demands for further waivers. In a written reply to Shiv Sena MP Bhavana Gawali Patil, Union Minister of State for Agriculture Parshottam Rupala said “the Union government at present is not considering any loan waiver scheme for farmers.” During the campaign for the Assembly election, Congress president Rahul Gandhi had vowed to waive farmers’ loans in Madhya Pradesh and Chhattisgarh within 10 days of coming to power. In his reply on Tuesday, Mr. Rupala listed out the negative consequences of waiving farm loans. “Such waivers may impact the credit culture of a State by incentivising the defaulters even if they are in a position to repay the loan and thus create/amplify the moral hazard by discouraging those borrowers who have been regular in repaying their loans,” he said. “Further, each waiver granted makes it even more difficult to reject any future similar demand.” Please click here to read more.