farmers

Fitch: Indian Loan Waivers are a Risk to Fiscal Consolidation

Newsroom24x7 Network Mumbai/Hong Kong/Singapore: The farm loan-waiver schemes being discussed and rolled out across an increasing number of Indian states could have a significant impact on state government finances, and might undermine efforts to bring down general government debt, says Fitch Ratings. The impact on India’s debt dynamics and capital spending will depend on the […]

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