Before Assemblies and Parliamentary  elections, it has become a fashion for political parties to promise  pan-India farm loan waiver,if voted to power at the Centre in 2019. So much for the Congress President’s sweeping rhetorics without understanding the damage,his promise would cause to the country. Does he know where the loan money would come from? Certainly,not from the the  Congress’s  kitty of black money stacked abroad.

The loaning spree will have serious implications on country's economy besides promoting "Dependency culture "  by triggering a dangerous sense of   complacency  among  Indian farmers, harming them in the long run. Country will go decades backward economically to the Nehruvian era.

Also. what about the additional  burden on tax payers  and faster rate of inflation that the promise would cause  by sucking out much-needed public investments in agriculture ?

One anomaly. What about the farmers who have already returned loans with honesty and within the stipulated time frame ? Will they receive refunds ?

Such lollypop concessions, after budgetary approval, will merely earn brownie points for the hypocritical political class at the cost of  dwindling public exchequer. Are we paying taxes for political extragavanza, one would like to know ?

Baap ka raj nahi hai, tax payers' money ka sawaal hai.

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About A.K.Saxena

A K SAXENA, an Indian national, is a retired civil servant from Government of India He is also a freelance journalist with several published investigative articles and columns in various fields to his credit. His writings are a reflection of his interest in writing on divergent themes and making the topics relevant to a wider audience. A post graduate in Chemistry from University of Delhi,he could not sustain his interest in pursuing research and instead chose to enter the government service through the IAS etc exam held by the UPSC. “KALASAVYA” that brought out several publications besides organizing cultural shows.


You can contact me at

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