Flagging farm loan waivers, cash transfers & other sops, RBI says rationalise subsidies | India News – Times of India
NEW DELHI: Reserve Bank of India on Thursday flagged its concern over several states announcing farm loan waivers, free power to agriculture and households, free transport and cash transfers to women and youth, cautioning that these spends will lower the funds available to undertake expenditure on building social and physical infrastructure as well as research…