Reserve Bank of India Governor Urjit Patel on Thursday reiterated his warnings about the consequences of waiving farm loans for distressed farmers, saying it led to higher government spending and had an adverse impact on lenders.
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By REUTERS from NYT http://ift.tt/2gsDxh9
By REUTERS from NYT http://ift.tt/2gsDxh9
India Cenbank Chief Patel Warns Against Farm Loan Waivers
![India Cenbank Chief Patel Warns Against Farm Loan Waivers]()
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August 31, 2017
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