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How farm loan waivers in different states will affect farmers and exchequer

It's a season of farm loan waiver announcements in the country as many states, including newly elected state governments in Madhya Pradesh, Rajasthan and Chhattisgarh, have declared packages for loan write-offs. Are farmers really gaining from the farm-loan waivers? And how much of a hit are the states taking? Watch the video for a reality check