https://www.taxtmi.com/news?id=18225 Centre will not implement a national farm loan waiver, citing the FRBM Act and binding fiscal deficit targets; it will not share fiscal costs of state-level waivers. States must bear waiver costs, while the central bank has warned that widespread state spending on waivers could destabilise public finances and raise inflationary expectations, affecting monetary policy decisions. en-us Tue, 20 Jun 2017 15:55:55 +0530 Tue, 20 Jun 2017 15:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18225 Centre will not implement a national farm loan waiver, citing the FRBM Act and binding fiscal deficit targets; it will not share fiscal costs of state-level waivers. States must bear waiver costs, while the central bank has warned that widespread state spending on waivers could destabilise public finances and raise inflationary expectations, affecting monetary policy decisions. News - Tue, 20 Jun 2017 15:55:55 +0530 https://www.taxtmi.com/news?id=18225