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Focus on sustainability of agriculture, not loan waivers, says RBI


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An internal working group of the Reserve Bank of India (RBI) to review agricultural credit has said loan waivers should be avoided and the focus should instead be on improving the viability and sustainability of agriculture.

There should also be a formal institution set up by the government, on the lines of the goods and services tax (GST) tribunal, which can suggest ways to improve credit to the agriculture sector, the group’s report said ...


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