The report suggests that there is no clear timeline yet on how to proceed regarding the loan-waiver scheme and it will take a lot more time than expected to distribute loan waiver certificates to the farmers.
Populist policies like farm loan waiver of the Congress indicate two things; unwillingness to learn from past economic mistakes and the lack of a sound policy agenda to resolve some of the long-standing issues of Indian farmers.
The family of the deceased farmer allege that he ended his life as he was not entitled to the farm loan waive-off promised by the newly elected Chief Minister Kamal Nath.
“The answer is staring at your face”, the mendicant said, the wisdom gleaned from 60 years of misrule shining on his face. “Farm loan waivers.” He said.