Farm loan waiver leads to MP farmers skipping payment: NPAs to 24%
Recently, the BJP government provided farm loan waiver in a few states. That idea was a really bad one. It is clear that this step was taken not for the welfare of the farmers. The real motive of this decision was to combat the growing influence of the Congress party beating them at their own game. The Congress, too, with their promises of loan waiver is indirectly prompting farmers to skip repayments. This has resulted in farmers of other states stopping payment to banks. They too are hoping for…
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