if farmers loans are waived in india, how will it affect the aggregate demand in the economy?
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Increasing trends of states doling out farm loan waivers could reduce aggregate demand in the economy by as much as 0.7 per cent. ... "On this basis, an upper bound of loan waivers at the all-India level would be between Rs 2.2 lakh crore and Rs 2.7 lakh crore," it said.
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