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With reference to a study by State Bank of India researchers on farm loan waivers schemes, consider the following statements:
1. Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014 have actually received debt write-offs.
2. Farm loan waivers implemented by Jharkhand in 2018 and Telangana in 2020 were received by 100% and 91% of the eligible farmers, respectively.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to a study by State Bank of India researchers on farm l...
Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014 have actually received debt write-offs, shows a study by State Bank of India researchers.
  • As of March 2022, the poorest implementation of farm loan waiver schemes in terms of proportion of eligible farmers who had received the announced benefits was in Telangana (5%), Madhya Pradesh (12%), Jharkhand (13%), Punjab (24%), Karnataka (38%) and Uttar Pradesh (52%).
  • By contrast, farm loan waivers implemented by Chhattisgarh in 2018 and Maharashtra in 2020 were received by 100% and 91% of the eligible farmers, respectively.
  • A similar waiver announced by Maharashtra in 2017 worth ₹34,000 crore for 67 lakh farmers has been implemented for 68% of beneficiaries, SBI researchers reckoned.
  • The SBI study was based on the outcomes of 10 farm loan write-offs worth about ₹2.53 lakh crore announced by nine States, starting with Andhra Pradesh and Telangana in 2014.
  • The report identified rejection of farmers’ claims by State governments, limited or low fiscal space to meet promises, and change in governments in subsequent years, as the possible reasons for the low implementation rate of these loan waivers.
Hence only statement 1 is correct.
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With reference to a study by State Bank of India researchers on farm loan waivers schemes, consider the following statements:1. Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014 have actually received debt write-offs.2. Farm loan waivers implemented by Jharkhand in 2018 and Telangana in 2020 were received by 100% and 91% of the eligible farmers, respectively.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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With reference to a study by State Bank of India researchers on farm loan waivers schemes, consider the following statements:1. Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014 have actually received debt write-offs.2. Farm loan waivers implemented by Jharkhand in 2018 and Telangana in 2020 were received by 100% and 91% of the eligible farmers, respectively.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to a study by State Bank of India researchers on farm loan waivers schemes, consider the following statements:1. Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014 have actually received debt write-offs.2. Farm loan waivers implemented by Jharkhand in 2018 and Telangana in 2020 were received by 100% and 91% of the eligible farmers, respectively.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to a study by State Bank of India researchers on farm loan waivers schemes, consider the following statements:1. Only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014 have actually received debt write-offs.2. Farm loan waivers implemented by Jharkhand in 2018 and Telangana in 2020 were received by 100% and 91% of the eligible farmers, respectively.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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