Loan waivers only provide some relief while postponing the resolution of real problem
Santa Claus came early this year with Congress promising the waiver of farm loans worth ₹ 62,000 crore in the states where it won assembly elections recently. This is just like last year when the Bharatiya Janata Party (BJP) donned the Santa costume in Uttar Pradesh and Maharashtra. The Indian farmer is akin to a neglected child with abusive parents who play Santa once a year for a photo op.
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