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Farmers' Protest: Why loan waiver only twice since Independence? Experts see a vicious cycle

Farmers protest: Loan waivers can have significant consequences that extend beyond the immediate beneficiaries, impacting the entire credit framework. Reports suggest that states implementing loan forgiveness schemes often see a surge in NPAs, potentially leading to disruptions in credit discipline.
Madhu Dandavate Sarwan Singh Pandher Lok Sabha Union Budget National Front Rural Development

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