The Chief Minister of Maharashtra has promised a farm loan waiver of INR300 billion to small and marginal farmers of the state on 4 June 2017. Ind-Ra opines that the pressure on Maharashtra’s fiscal position would be less intensive if the debt waiver is absorbed in the state finances in a staggered mannerRead More
There are some events that you can see coming your way. You can gauge their speed and predict the effect they would have on your lives. Accordingly, you can prepare to adapt to the change they bring. But there are some rare events you don’t see coming that can turn your lives upside down. They are called Black Swans.