Скачать или смотреть Farm Loan Waivers are not Helping the Farmers| Reality of Farm Loan Waivers| Curious Vivek|

The first nationwide farm loan waiver in India was introduced in 1990-91 through the Agricultural and Rural Debt Relief Scheme (ARDRS), which provided relief to farmers for up to Rs 10,000 on selected loans. The second major waiver came in 2008 with the Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS). The government allocated Rs 60,000 crores for this initiative, waiving the entire eligible amount for small farmers with less than 2 hectares of land. For farmers with more than 2 hectares, a one-time settlement (OTS) was offered, allowing a rebate of 25% of the eligible amount if they paid the remaining 75%. A study by the State Bank of India (SBI) revealed that since 2014, various state governments—including Andhra Pradesh, Telangana, Uttar Pradesh, Maharashtra, Karnataka, Punjab, Madhya Pradesh, Chhattisgarh, Jharkhand, and Tamil Nadu—have announced loan waivers totaling Rs 2.52 lakh crores.

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