Crop Loan Waiver, Farmers' Welfare and their Future Income By: Vijay Sardana International Agriculture Tarde & Policy Expert Email: sardana.vijay@gmail.com Blog: Vijay Sardana Online BJP Uttar Pradesh Election Manifesto promised crop loan waiver for the farmers and zero interest on crop loans for small and marginal farmers. In the first cabinet meeting this demand was partially adopted by the new government. The basic question remained unanswered, why farmers of India are not able to ensure livelihood from their own land. This must be addressed in we want to ensure social and political stability in the country. Are loan waiver answer to problems of the farmers? The first major loan waiver happened in the year 2008 when UPL one planning for national elections. In 2009. In 2008, similar scheme was launched with Rs. 60,000 crore package, offered to nearly 3 crore farmers. Marginal farmers – with cultivation land less than 1 hectare, and small farmers – wi...