Raghuram Rajan, former Governor of Reserve Bank, expressed concern over the promise of agricultural debt waiver to win ballot fight. The Election Commission also gave a letter to the Election Commission about the issue. At the same time, the music of the same concern is known as the golden revolution of India, MS Swaminathan's neck. According to him, this strategy of farmers' debt waivers is financially unrealistic. Which should never be part of agricultural policy. But with the help of a tool, many political parties of the country have been uprooted to gain the votes. To appeal to politicians, it is not possible to apply it to heavy loads of the election in the election.
Uttar Pradesh has started pledging promises of pouring of agricultural debt to win ballot war in the state. The state of Madhya Pradesh is virtually excluded from Punjab, almost no state. The Congress, on the other hand, came to power in Madhya Pradesh, Chhattisgarh, Rajasthan and won the same way. It is heard that Modi government may announce the debt waiver for farmers after they were beaten up in three states in the rage of farmers. But in an interview with a TV channel, the message of Mr. Swanathan, "The problem of agriculture is a financial problem. The success and survival of small farmers depends on the two most important conditions of rain and market. Political leaders should not be promoted to any financially unrealistic policy to house polling only. "
He said, sometimes the loan waiver strategy can be applied to the situation when it is seen that the farmers are not able to meet the loan amount completely. But in his opinion, the debt waiver should not be part of agricultural policy. Because, the main goal of that policy is to make the sector financially successful and profitable.
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