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2) “..farm loan waiver undermines an honest credit culture, it impacts credit discipline, it blunts incentives for future borrowers to repay, in other words, waivers engender moral hazard.” Do you agree critically comment.

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Topic: Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes;

2) “..farm loan waiver undermines an honest credit culture, it impacts credit discipline, it blunts incentives for future borrowers to repay, in other words, waivers engender moral hazard.” Do you agree critically comment. (200 Words)

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