 "farmer, agriculture")
States are following "poor fiscal marksmanship" with farm loan waivers, income support schemes and bonds for power distribution companies, said the Reserve Bank of India (RBI) on Wednesday.
Many states and the Central government, in the run up to Lok Sabha elections, have announced sops to marginalised sections, including the farmers and the poor.
The RBI cautioned against such policies in a meeting between its governor, Shaktikanta Das, and deputy governors and members of the 15th Finance Commission in Mumbai.
The RBI, in
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