The recent elections have introduced a new phase of farm loan waivers.
The three key states- Rajasthan, Madhya Pradesh and Chhattisgarh announced farm loan waivers immediately after Congress emerged as the winner in the states in the recently concluded assembly polls.
However, farm loan waivers have been making headlines over the last few years after BJP came to power. Uttar Pradesh announced farm loan waiver three years ago, while Maharashtra, Karnataka announced it too after assembly elections concluded.
Here's an explainer on how much money is involved in these schemes and who gains and pays...