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@article{ Sane2018,
title = {Loan Waivers as Fresh Start in Bankruptcy},
author = {Sane, Renuka},
journal = {IndraStra Global},
number = {3},
pages = {5},
volume = {4},
year = {2018},
issn = {2381-3652},
urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-56484-7},
abstract = {Farmer distress is in the news again. The causes of distress may be many - ranging from low productivity on small and marginal farms, crop failure due to weather fluctuations, to low market price due to a bumper harvest. The usual policy response, however, seems to be a loan-waiver announcement. For example, several loan-waivers were announced in the second half of 2017. The stated rationale for loan-waivers is that if debt burdens are alleviated in this one instance, then it provides consumption relief and makes it possible to start the next farming season in a clean state. The assumption seems to be that the problems that caused distress this season, will somehow, not manifest themselves again.},
keywords = {Indien; India; Landwirtschaft; agriculture; Landwirt; farmer; Insolvenz; insolvency; Kreditvergabe; lending; Verschuldung; indebtedness; Südasien; South Asia}}