Business Standard

Letter to BS: Keep farm loan waivers out of poll promise, says Rajan

Such announcements only reveal the reckless desire of the political parties to capture power by hook or by crook in complete disregard for the economic consequences

Raghuram Rajan
Premium

Former RBI governor Raghuram Rajan

Business Standard
This refers to “Keep farm loan waivers out of poll promise: Ex-RBI Governor Raghuram Rajan” (December 15). The appeal made by eminent economists led by Rajan (pictured) to political parties in India that they desist from such populist tricks is timely. Whether it is the promise to waive farm loans or provide free television sets and grinders to the poor if elected to power, these amount to taking the electorate for a ride, as ultimately, the expenses are borne by the taxpayer. Such announcements only reveal the reckless desire of the political parties to capture power by hook or by

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in