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3) Recently, the Chief Minister of Uttar Pradesh approved a write-off on outstanding farmer loans of up to Rs. 1 lakh taken before March 31, 2016. Critically discuss implications and economic viability of such farm loan waivers.

Topic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation

3) Recently, the Chief Minister of Uttar Pradesh approved a write-off on outstanding farmer loans of up to Rs. 1 lakh taken before March 31, 2016. Critically discuss implications and economic viability of such farm loan waivers. (200 Words)

The Hindu

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