Farmers' loans have been waived. This is at a cost of Rs. 60,000 crores to the exchequer.
Waiving appears to be good to farmers, but not really good.
That it was necessary to waive off the loans shows that something is really wrong with the agriculture.
This Rs. 60,000 crores could have been invested in some agricultural infrastructure, so that the agricultural sector can become strong and stand on its own legs.
This is a purely populist measure. This shows that the government is unable to help the farmers in any better way, other than just waiving off the loans.
This is similar to reservations. The government is unable to help the poor people in any better way, so it throws the reservations and quotas at them, to keep them happy.
This government is a miserable failure in all ways. It is good only in vote bank politics and populist measures.
