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
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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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</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices for both of which have witnessed a steep fall in recent months&amp;mdash;in Mandsaur district of western Madhya Pradesh turned violent.&lt;br /&gt;
&lt;br /&gt;
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.&lt;br /&gt;
&lt;br /&gt;
Given the heightened rhetoric&amp;mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&amp;mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).&lt;br /&gt;
&lt;br /&gt;
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.&lt;br /&gt;
&lt;br /&gt;
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&amp;mdash;refusing to recognize how the risks have spiked.&lt;br /&gt;
&lt;br /&gt;
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html&quot;&gt;click here&lt;/a&gt; to read more. 
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-Livemint.com

Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices...&#039;,
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&lt;br /&gt;
&lt;em&gt;Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices for both of which have witnessed a steep fall in recent months&amp;mdash;in Mandsaur district of western Madhya Pradesh turned violent.&lt;br /&gt;
&lt;br /&gt;
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.&lt;br /&gt;
&lt;br /&gt;
Given the heightened rhetoric&amp;mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&amp;mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).&lt;br /&gt;
&lt;br /&gt;
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.&lt;br /&gt;
&lt;br /&gt;
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&amp;mdash;refusing to recognize how the risks have spiked.&lt;br /&gt;
&lt;br /&gt;
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html&quot;&gt;click here&lt;/a&gt; to read more. 
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Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices...&#039;
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Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices..."/>
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                <div align="justify">-Livemint.com<br /><br /><em>Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade<br /></em><br />Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices for both of which have witnessed a steep fall in recent months&mdash;in Mandsaur district of western Madhya Pradesh turned violent.<br /><br />Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.<br /><br />Given the heightened rhetoric&mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).<br /><br />Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.<br /><br />The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&mdash;refusing to recognize how the risks have spiked.<br /><br />Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.<br /><br />Please <a href="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html" title="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html">click here</a> to read more. </div><div align="justify">&nbsp;</div>               </font>
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</span></span></code>
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices for both of which have witnessed a steep fall in recent months&amp;mdash;in Mandsaur district of western Madhya Pradesh turned violent.&lt;br /&gt;
&lt;br /&gt;
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.&lt;br /&gt;
&lt;br /&gt;
Given the heightened rhetoric&amp;mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&amp;mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).&lt;br /&gt;
&lt;br /&gt;
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.&lt;br /&gt;
&lt;br /&gt;
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&amp;mdash;refusing to recognize how the risks have spiked.&lt;br /&gt;
&lt;br /&gt;
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html&quot;&gt;click here&lt;/a&gt; to read more. 
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-Livemint.com

Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

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&lt;em&gt;Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices for both of which have witnessed a steep fall in recent months&amp;mdash;in Mandsaur district of western Madhya Pradesh turned violent.&lt;br /&gt;
&lt;br /&gt;
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.&lt;br /&gt;
&lt;br /&gt;
Given the heightened rhetoric&amp;mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&amp;mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).&lt;br /&gt;
&lt;br /&gt;
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.&lt;br /&gt;
&lt;br /&gt;
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&amp;mdash;refusing to recognize how the risks have spiked.&lt;br /&gt;
&lt;br /&gt;
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html&quot;&gt;click here&lt;/a&gt; to read more. 
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Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices...&#039;
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Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices..."/>
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                <strong>The farm loan waiver conundrum -Anil Padmanabhan</strong></h1>
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                <div align="justify">-Livemint.com<br /><br /><em>Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade<br /></em><br />Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices for both of which have witnessed a steep fall in recent months&mdash;in Mandsaur district of western Madhya Pradesh turned violent.<br /><br />Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.<br /><br />Given the heightened rhetoric&mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).<br /><br />Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.<br /><br />The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&mdash;refusing to recognize how the risks have spiked.<br /><br />Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.<br /><br />Please <a href="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html" title="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html">click here</a> to read more. </div><div align="justify">&nbsp;</div>               </font>
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-Livemint.com&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices for both of which have witnessed a steep fall in recent months&amp;mdash;in Mandsaur district of western Madhya Pradesh turned violent.&lt;br /&gt;
&lt;br /&gt;
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.&lt;br /&gt;
&lt;br /&gt;
Given the heightened rhetoric&amp;mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&amp;mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).&lt;br /&gt;
&lt;br /&gt;
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.&lt;br /&gt;
&lt;br /&gt;
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&amp;mdash;refusing to recognize how the risks have spiked.&lt;br /&gt;
&lt;br /&gt;
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html&quot;&gt;click here&lt;/a&gt; to read more. 
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-Livemint.com

Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices...&#039;,
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&lt;br /&gt;
&lt;em&gt;Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Last week, farmers agitating for better prices for their produce of onions and pulses&amp;mdash;prices for both of which have witnessed a steep fall in recent months&amp;mdash;in Mandsaur district of western Madhya Pradesh turned violent.&lt;br /&gt;
&lt;br /&gt;
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.&lt;br /&gt;
&lt;br /&gt;
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&amp;mdash;refusing to recognize how the risks have spiked.&lt;br /&gt;
&lt;br /&gt;
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html&quot;&gt;click here&lt;/a&gt; to read more. 
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Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

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Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

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                <strong>The farm loan waiver conundrum -Anil Padmanabhan</strong></h1>
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                <div align="justify">-Livemint.com<br /><br /><em>Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade<br /></em><br />Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices for both of which have witnessed a steep fall in recent months&mdash;in Mandsaur district of western Madhya Pradesh turned violent.<br /><br />Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.<br /><br />Given the heightened rhetoric&mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).<br /><br />Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.<br /><br />The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&mdash;refusing to recognize how the risks have spiked.<br /><br />Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.<br /><br />Please <a href="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html" title="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html">click here</a> to read more. </div><div align="justify">&nbsp;</div>               </font>
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-Livemint.com<br />
<br />
<em>Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade<br />
</em><br />
Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices for both of which have witnessed a steep fall in recent months&mdash;in Mandsaur district of western Madhya Pradesh turned violent.<br />
<br />
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.<br />
<br />
Given the heightened rhetoric&mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).<br />
<br />
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.<br />
<br />
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&mdash;refusing to recognize how the risks have spiked.<br />
<br />
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.<br />
<br />
Please <a href="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html">click here</a> to read more. 
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<em>Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade<br />
</em><br />
Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices for both of which have witnessed a steep fall in recent months&mdash;in Mandsaur district of western Madhya Pradesh turned violent.<br />
<br />
Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers.<br />
<br />
Given the heightened rhetoric&mdash;especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties&mdash;there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress).<br />
<br />
Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing.<br />
<br />
The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism&mdash;refusing to recognize how the risks have spiked.<br />
<br />
Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment.<br />
<br />
Please <a href="http://www.livemint.com/Opinion/wooFBiehXpK9MMptszx2SL/The-farm-loan-waiver-conundrum.html">click here</a> to read more. 
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Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade

Last week, farmers agitating for better prices for their produce of onions and pulses&mdash;prices...'
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The farm loan waiver conundrum -Anil Padmanabhan

-Livemint.com Doling out farm loan waivers without addressing rural distress is just kicking the can down the road and playing into the hands of the moral hazard brigade Last week, farmers agitating for better prices for their produce of onions and pulses—prices for both of which have witnessed a steep fall in recent months—in Mandsaur district of western Madhya Pradesh turned violent. Coming in the backdrop of a similar agitation by farmers in the adjoining state of Maharashtra, it puts the spotlight on rural distress and the piquant demand for farm loan waivers. Given the heightened rhetoric—especially with the issue assuming the polarizing hue of a Bharatiya Janata Party (BJP) versus the other political parties—there is greater attention on farm loan waivers and less on rural distress. This is tragic: because one is a symptom (loan waiver /indebtedness) and the other is the malaise (rural distress). Resolving the former without addressing the latter is just kicking the can down the road and playing into the hands of the moral hazard brigade who argue, rightly, against farm loan waivers as they breed the culture of default. The solution, therefore, is complex and not something that can be resolved overnight; it has to factor in the fundamental transformation that Indian agriculture is undergoing. The fatal flaw of existing public policy is that it continues to mostly view Indian agriculture through the conventional prism—refusing to recognize how the risks have spiked. Less generously, maybe, it is just deliberate; a status quo will ensure a repeat of the loan waiver cycle, giving the political class an opportunity to distribute patronage among a key electoral segment. Please click here to read more.