State finances and the bogie of loan waivers and liquor bans

span.p-content div[id^=div-gpt] { line-height: 0px; font-size: 0px;} If asked what the most popular subjects under discussion are, of late, in the politico-economic world, many would point to farm loan waivers and liquor ban. Consecutive announcement of farm loan waivers and liquor bans in various states in the recent past looms the risk of missing fiscal targets for the financial year (FY) 2017-18.

Discussions about these two developments gained ground more after the recently concluded assembly elections in five states, in which the winning parties in Punjab and Uttar Pradesh promised to waive loans of millions of farmers.document.write(""); googletag.cmd.push(function() { googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop', 'div-gpt-ad-1490771277198-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); });

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