UPA's farm loan scam: How to waive crores goodbye

“Please stand up and be counted. Are you for the farmer or against the farmer?” Union finance minister P. Chidambaram had famously asked five years ago after unveiling the mammoth Rs 52,275-crore loan waiver scheme for small and marginal farmers to considerable applause and some criticism.  There was no doubt in anyone’s mind that this was a smart political gesture on the eve of the 2009 elections. UPA president Sonia Gandhi had called it “revolutionary”...

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