A K Bhattacharya: Farm loan waiver challenge for UP

Only few options exist which can cushion the impact of the waiver on UP's already strained finances

A K Bhattacharya 

A K Bhattacharya After a thumping electoral victory comes the responsibility of living up to voters’ expectations and fulfilling the promises made to win such a massive mandate. We are talking about Uttar Pradesh, where the Bharatiya Janata Party (BJP) has won more than three-fourths of the state’s 403 Assembly seats. It is obvious that the new government in UP will have to be acutely conscious of this huge responsibility. So, what are its key economic challenges? The biggest challenge will arise from the poll promise made by the BJP that all farm loans in the state will be waived. What ...

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A K Bhattacharya: Farm loan waiver challenge for UP

Only few options exist which can cushion the impact of the waiver on UP's already strained finances

Only few options exist which can cushion the impact of the waiver on UP's already strained finances After a thumping electoral victory comes the responsibility of living up to voters’ expectations and fulfilling the promises made to win such a massive mandate. We are talking about Uttar Pradesh, where the Bharatiya Janata Party (BJP) has won more than three-fourths of the state’s 403 Assembly seats. It is obvious that the new government in UP will have to be acutely conscious of this huge responsibility. So, what are its key economic challenges? The biggest challenge will arise from the poll promise made by the BJP that all farm loans in the state will be waived. What ... image
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