Question

“Recently country has witnessed increased instances of farm loan waivers” Do you

think it is economically necessary? Give your opinion.
​

Answer 1

Answer:

hi

how r u

mark as brainlylist and follow me

good morning

Answer 2

Explanation:

In order to motivate farmers and boost production, the government should take some initiatives and one of them is to give them waivers on loans. Although it will put burden on economy but it will also speed up this economic cycle in the right direction

Other initiatives for farmers could be;

Cut down the middle distributor and provide a direct sale from farmers to government to give farmers the maximum price for their crops.

Subsidise the value of fertilisers to farmers

Give bonuses to farmers that yield highest production from their farms

Now all these measures will encourage farmers to get better production, because the more they produce the more they can sell and get more money out of this