As UP and Maharashtra write off farmers’ loans and MP, Haryana, Rajasthan and Punjab struggle to tackle fresh demands for debt relief, Finance Minister Arun Jaitley says the Central government will not help foot the bill. And RBI Governor Urjit Patel calls loan waivers a “moral hazard”. Is it time to revisit this culture of farm loan waivers? We ask experts.
India's richest civic body’s outlay is 8.77% higher than last year’s, with the biggest allocation being made for infra growth. BMC also proposed an AI boost to its service delivery.
COMMENTS