Overview
Farm loan waivers are government schemes where the state repays farmers' outstanding agricultural loans to banks. While they provide immediate relief, they are often criticized for encouraging strategic defaults, weakening credit discipline, and straining state finances. Tamil Nadu's recent ₹5,932 crore waiver has reignited the debate on their effectiveness and fiscal sustainability.
Month: Current Affairs - Jun 19, 2026
Category: AgriculturalDebt