Welcome to the world of facts and news: Farm loan waivers can derail India's growth story

Farm loan waivers can derail India's growth story

Loan waiver provides strong disincentive for those who repaid loan on time and perverse incentive for default. But the most serious effect of the waiver is potential risk of fiscal slippage .

from Hindustan Times - topnews http://bit.ly/2TrpWoe

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