Agriculture loan waiver schemes estimated at Rs 2.2 lakh crore to Rs 4.2 lakh crore based on scenario-based analysis of possible size of debt waiver using account level data on bank credit.
Reserve Bank of India
Date : Sep 11, 2017
Mint Street Memos
The Reserve Bank of India today placed on its website the fourth release titled ‘Agriculture Loan Bank Accounts – A Waiver Scenario Analysis, co-authored by Rajendra Raghumanda, Ravi Shankar and Sukhbir Singh from Department of Statistics and Information Management’ and the fifth series titled ‘Farm Loan Waivers, Fiscal Deficit and Inflation, co-authored by Pratik Mitra, Joice John and Ashish Thomas George from the Monetary Policy Department and Indranil Bhattacharyya and Indrani Manna from the Department of Economic and Policy Research’ under the series ‘Mint Street Memos (MSM)’
The views and opinions expressed in MSM series are those of the authors and do not necessarily represent the views of the RBI.
Jose J. Kattoor
Chief General Manager
Press Release: 2017-2018/694