Explanation:

CRISIL (formerly Credit Rating Information Services of India Limited) is a global analytical company providing ratings, research, and risk and policy advisory services. CRISIL’s majority shareholder is Standard & Poor's, a division of McGraw Hill Financial and provider of financial market intelligence. It assesses several aspects of Indian economy. For e.g. as per its recent estimates, if all affected states also announce farm loan waivers the Uttar Pradesh, Maharashtra, Karnataka and Punjab did, then the total cost the exchequer could be up to Rs 2.5 lakh crore or 0.5% of GDP.