India Faces $49.1 Billion Farm-Loan Waivers. That’s 16 Times 2017 Budget For Rural Roads
A farmer squats, looking at his dried-up field in his village. (Photographer: Prashanth Vishwanathan/Bloomberg)

India Faces $49.1 Billion Farm-Loan Waivers. That’s 16 Times 2017 Budget For Rural Roads

As demands for farm-loan waivers grow across Punjab, Haryana, Tamil Nadu, Gujarat, Madhya Pradesh, and Karnataka–after Uttar Pradesh and Maharashtra wrote off loans worth Rs 36,359 crore and Rs 30,...
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