Have farm loan waivers backfired?
MUMBAI, April 15 -- The state has spent enormous sums - Rs.43,000 crore in the last five years - on compensating farmers for crop losses due to natural calamities, and equally large sums on two loan waivers in recent years. This raises a pressing question: have state and central governments done more harm than good by failing to promote self-reliance among farmers?...
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