 "agriculture, farm, farmer")
After intense farmer agitations, recently the Maharashtra government was forced to announce a sweeping farm loan waiver for all marginal farmers. This comes on the heels of a similar waiver announced by the Uttar Pradesh government earlier this year. The worry now is that similar demands will crop up in other states, especially in poll-bound states, such as Karnataka.
The scale of the loan waiver is truly staggering. According to Credit Suisse, total agricultural credit by scheduled commercial banks stood at Rs 15 lakh crore in FY17. Of this, loans worth less than Rs 2 lakh account for 86 per
