Tag: rural loan waiver

Rural Loan waiver: Political expediency at the cost of fiscal consolidation

Lalit Shastri Even though farm loan waiver hampers fiscal consolidation it is considered politically expedient and touted as an essential solution to untimely deaths and suicides by farmers in India. After the National Front government, headed by V.P. Singh, had implemented a debt relief scheme in 1990, the UPA-I headed by Manmohan Singh implemented the

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Sunderlal Patwa: Politician to the core who defied the mundane

Lalit Shastri Veteran Bharatiya Janata Party (BJP) leader and former Madhya Pradesh chief minister Sunderlal Patwa passed away this morning after suffering a heart attack. He was 92. The Madhya Pradesh government has announced a 3-day state mourning as a mark of respect to the departed leader. When Janata Party had come to power in

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