Wed, Apr 19, 2017
India risks straining public finances and undermining already ailing state banks, economists said, after a $5.6 billion loan write-off for farmers in Uttar Pradesh and moves to do something similar in at least four other states.
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Wed, Apr 05, 2017
India`s most populous state, Uttar Pradesh, said on Tuesday it was waiving $5.6 billion of loans to help millions of farmers reeling from losses after unfavourable weather in the past few years hit their crops.
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