Tag: loan waiver

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

Continue reading

Sunderlal Patwa: Politician to the core who defied the mundane

Lalit Shastri Veteran Bharatiya Janata Party (BJP) leader and former Madhya Pradesh chief minister Sunderlal Patwa passed away this morning after suffering a heart attack. He was 92. The Madhya Pradesh government has announced a 3-day state mourning as a mark of respect to the departed leader. When Janata Party had come to power in

Continue reading

Rahul Gandhi attacks Prime Minister Modi on farmers’ issue in Telangana

Newsroom24x7 Desk Adilabad (Telangana): Rahul Gandhi on Friday took Prime Minister Narendra Modi and Telangana Chief Minister K Chandrasekhar Rao head on accusing them of completely forgetting their pre-poll promises to the farmers. Taking a potshot at the Prime Minister, the Congress vice president said that neither Modi nor the Telangana chief Minister did anything

Continue reading