Policies that foster the human resources of a country improve growth. Many studies exhibit a link between education and growth, with some showing that even a small increase in average 16 education can lead to a sustained rise in the rate of economic expansion.
Unlike the 1990 scheme that aimed at providing blanket relief to all farmers up to a certain loan amount, the 2008 scheme waived debt for certain classes of cultivators1. In 2014, Andhra Pradesh and Telangana announced farm loan waiver of 24,000 crores and 17,000 crores, respectively.