The RBI in a report had said that debt waivers can deflect the state from its fiscal consolidation path. "An Income Support Scheme for small and marginal farmers might turn out be a viable solution,” said Soumya Kanti Ghosh, group chief economic advisor, SBI.
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Why farmers need income support, not loan waiver
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Reviewed by Balveer Singh
on
December 14, 2018
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