Release of the Report

Farm Loan Waivers in India: Assessing Impact and Looking Ahead

Report prepared by Shweta Saini; Siraj Hussain; and Pulkit Khatri

Welcome Address: Shri P.V. S. Suryakumar, DMD, NABARD

Opening Remarks: Shri Ajay Vir Jakhar, Chairman, Bharat Krishak Samaj

Release of the Report and Keynote Address: Dr. G.R. Chintala, Chairman, NABARD

Presentation of Key Findings of the Report: Ms Shweta Saini, Principal Investigator and author of the Report and Shri Siraj Hussain, author of the Report

Remarks on the Report: Shri Shaji K.V., DMD , NABARD

Vote of thanks: Dr. K.J. Satyasai, Chief General Manager, NABARD

Farm loan waivers (FLWs) have been announced by the Union and State Governments several times in the last few decades. Some states have even announced multiple loan waivers in successive years. Favourable electoral results for the announcing political parties have somehow provided political legitimacy to these waivers over the years. However, despite waivers, the distress of Indian farmers continues. This is in addition to the damage these waivers have done to the credit culture in the country. With this background, this study, sponsored by NABARD, was conducted in Maharashtra, Punjab and Uttar Pradesh. It traces the FLWs and assesses the impact on state governments, financial institutions and farmers

(Collaboration: NABARD)

This programme will be conducted in hybrid mode at NABARD office, Mumbai. A separate link will be shared by email and posted on the website. The programme will also be livestreamed on our YouTube channel

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