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Here's the full text of former RBI governor YV Reddy's speech on farm sector doles

Updated : February 18, 2019 04:44 PM IST

Such ideas can lead to "irreversible fiscal deterioration" and "conflicts" between the Centre and the states, and pitched for alternatives like having an agricultural distress fund contributed by both the states and centre, rather than the ongoing measure of arbitrary scheme announcements, says Reddy
A credible process and determination through apolitical mechanism is required to support small and marginal farmers in distress instead of an across the board general waiver, he said
Here's the full text of former RBI governor YV Reddy's speech on farm sector doles

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