Saturday, December 13, 2025 | 12:17 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Letter to BS: Loan waiver not the perfect solution to farm distress

A lower interest rate will go a long way in reducing the input cost for the farmer

agriculture
premium

Karnataka is a special case since it has fully completed its first tranche of Rs 82 billion

Business Standard
This refers to the editorial “Waiver politics” (December 31). Quite clearly loan waivers have not proved to be a panacea for farm distress as the agrarian crisis shows no signs of abating despite a slew of waivers announced by various state governments over the past many years. 

There is a clear case for moving beyond loan waivers, to ameliorate the distress of the farming community. Farm input costs, that is, the cost of agricultural implements, seeds and fertiliser etc need to be brought down. As the inflation has been around 3-4 per cent for quite some time now, the Reserve Bank