Prof K Nageshwar On Farm Loan Waivers Impact Economy? (Video)

Farm loan waivers have become the centre of debate in policy making circles with state after state going for the populist measure to lure voters. Although banks have been spared of the burden of writing off of loans, it has fallen on state governments who have to fund the liabilities through market borrowings. The total debt waiver granted during FY18 amounted to 0.32% of India’s GDP as per revised estimates. It stood at 0.27% of GDP in the budget estimates. Total debt waivers .. Read more at: //economictimes.indiatimes.com/articleshow/64969886.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst