Loopholes of loan waiver
Though the Union Budget was hailed as being farmer-friendly, a closer scrutiny reveals that it gives much less to villagers and the weaker sections of society than what appears at first glance. The media was quick to highlight the loan waiver for small farmers but it chose to ignore the fact that the budget for the crucial rural employment guarantee scheme had not been raised to any significant extent despite its expansion from 330 to 596 districts. (April 2008)