The past, present and future of farm loan waivers in India

My new piece (and also debut piece in CNBCTV18) on the topic.

It is co-written with my colleague Tana Trivedi who brought the very useful case of Prabhashankar Patni, Prime Minister of Bhavnagar State, to my attention. Mr Patni passed a farm loan waiver in his Princely State in early 20th century, perhaps the first time in India.

 

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