About this document

Challenges of India by Sankalp Parihar is a document available to read on EtoBox.

The document discusses farm loan waivers in India, including guidelines from the Reserve Bank of India, written-off loans, and failed loan waivers. It notes that only 10% of farmers benefit from loan waivers announced by governments. Failed loan waivers increase non-performing assets for banks and expectations of future waivers can discourage repayment and damage the credit culture. However, waivers are used to relieve farmer indebtedness with mixed results and high costs for governments and banks.

Author

Sankalp Parihar

Language

EN