Some Links on the Farmer Loan Waiver

I've shared my own views on the massive loan waiver scheme for farmers here. Below are some others' views:

• P. Sainath in The Hindu Sainath shows why the money won't go to the farmers who need it most.
• Indian Economy Blog Nitin at IEB argues that since increasing credit to the ag sector has not resulted in increased technology uptake or productivity gains the waiver will have little effect. In my view, IEB misses the point of the waiver (waivers are intended to provide relief not enhance productivity) but the comments are priceless. Be sure to check out the dude at the end who rails against the "slavery" of fractional reserve fiat currencies.
  
• Barbarindians The author argues that the move is bad because it will be a setback to the development of farmer insurance programs. Huh?