India Considers Proposal to Guarantee $39 Billion of Small-Business Loans
A vendor counts one hundred rupee banknotes at a wholesale market in Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

India Considers Proposal to Guarantee $39 Billion of Small-Business Loans

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(Bloomberg) -- India is considering a proposal to guarantee as much as 3 trillion rupees ($39 billion) of loans to small businesses as part of a plan to restart Asia’s third-largest economy, which ...