Avoid farm loan waivers: RBI’s internal working group

An internal working group (IWG) of the Reserve Bank of India on agricultural credit has recommended the Central and state governments to avoid farm loan waivers.

According to the report of the ‘Internal Working Group to Review Agricultural Credit’, Central and state governments should undertake a holistic review of the agricultural policies and their implementations, as well as evaluate the effectiveness of the current subsidy policies.

Read More: https://www.bhaskarlive.in/avoid-farm-loan-waivers-rbis-internal-working-group/