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Farm loan waivers – Good or Bad?

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" Waiving of the farm loans are done to reduce the burden of loan on the farmers. Waiving of the farm loan is announced by the government to so that farmers do not commit suicide. At some extent waiving of the farm loan is beneficial but it is seen that just for political purposes, political parties announce the waiving of the farm loan to get the vote of the farmers. On the place of providing the environment to the farmers for their economic development, parties always announce waiving of the farm loan. By waiving of the farm loan again and again, the condition of farmers can never be improved. "



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