In UP, These 'Loan Waivers' Are Making Farmers Very Angry | Read

For a farm loan waiver worth exactly Rs. 12, 56-year-old marginal farmer and daily wager Shambhu Nath says he lost Rs. 218 - a princely sum for him and his extremely poor family of 13. Of those Rs. 218, Rs. 30 were spent on auto fare for the 15 km journey from his village to Barabanki town to attend a massive government loan waiver function - an Uttar Pradesh government minister presided over it - and Rs. 200 his daily labour wages. "You know I want to go to the bank manager and shout at him and ask him why he gave my name for this farm loan waiver," says an angry Shambhu Nath outside his mud and thatch hut in Barabanki's Jata village.