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Debt isn’t the enemy: It offers many Indian households a lifeline

Published on: July 10, 2025, midnight | Source: Livemint

The size and weight of debt burdens differ vastly by the livelihoods of debtors. These details of data offer cues for policy responses. Let’s expand the reach of formal loans, link health and credit policies, push for more productive borrowings, reform farmer supports and provide credit counselling.

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