# From Plate to Plough: It’s not about loan waivers | The Indian Express

> An Indian Express opinion piece argues that farm loan waivers do not solve agrarian distress, citing Punjab's pre-election promises to waive farmer loans and the 2008-09 UPA waiver that cost Rs 52,517 crore. It notes Punjab's agri-GDP growth has slowed sharply from Green Revolution levels.

- Date: 2017-02-26 · published 2017-02-26T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/72441-from-plate-to-plough-it-s-not-about-loan-waivers-the-indian-express
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Broad loan waivers in Indian states can lift rural incomes and feed demand for grain and oilseed meals, but the commentary suggests waivers are a temporary fix, so the price effect is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-12-04 | [From Plate to Plough: Agri-futures, like China \| The Indian Express](https://feedsoft.ai/events/67453-from-plate-to-plough-agri-futures-like-china-the-indian-express.md) | -3.2% | -7.4% |
| RICE | 2022-07-06 | [Fall in wheat, rice, sugar production should not detract from goal of cropping and dietary diversification \| The Indian Express](https://feedsoft.ai/events/40463-fall-in-wheat-rice-sugar-production-should-not-detract-from-goal-of-cropping.md) | +2.4% | +6.0% |
| RICE | 2018-07-04 | [Against the grain: Throwing caution to the winds \| India News - The Indian Express](https://feedsoft.ai/events/63994-against-the-grain-throwing-caution-to-the-winds-india-news-the-indian-express.md) | -1.6% | -1.0% |
| RICE | 2018-04-12 | [Madhya Pradesh’s Basmati claim \| India News - The Indian Express](https://feedsoft.ai/events/65584-madhya-pradesh-s-basmati-claim-india-news-the-indian-express.md) | +2.9% | -2.8% |
| RICE | 2020-12-16 | [Explained: How can Punjab achieve crop diversification? \| Explained News - The Indian Express](https://feedsoft.ai/events/49612-explained-how-can-punjab-achieve-crop-diversification-explained-news-the-indian.md) | +0.3% | +4.6% |
| WHEAT | 2017-12-04 | [From Plate to Plough: Agri-futures, like China \| The Indian Express](https://feedsoft.ai/events/67453-from-plate-to-plough-agri-futures-like-china-the-indian-express.md) | +2.7% | +0.6% |
| WHEAT | 2022-07-06 | [Fall in wheat, rice, sugar production should not detract from goal of cropping and dietary diversification \| The Indian Express](https://feedsoft.ai/events/40463-fall-in-wheat-rice-sugar-production-should-not-detract-from-goal-of-cropping.md) | -5.1% | -4.1% |
| WHEAT | 2018-07-04 | [Against the grain: Throwing caution to the winds \| India News - The Indian Express](https://feedsoft.ai/events/63994-against-the-grain-throwing-caution-to-the-winds-india-news-the-indian-express.md) | -1.6% | +4.3% |

## Sources

- indianexpress.com: https://indianexpress.com/article/opinion/columns/election-commisssion-upa-government-agriculture-from-plate-to-plough-its-not-about-loan-waivers-4545171/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.