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The country can’t afford a loan waiver for industry

The country can’t afford a loan waiver for industry

by TEXTILE VALUE CHAIN | Jun 25, 2020 | Industry And Cluster, News & Insights

Loan waivers for the industry may sound plausible, even enticing, but a closer examination of the ground realities almost rules out this line of action. Public-sector banks don’t have the financial muscle to afford large-scale loan waivers. Clearly, then, it would...

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