Relevance: Present situation of India’s economy, dealing with a high debt burden and an increased Fiscal Deficit. Synopsis: High Fiscal Deficit, a very high Debt-to-GDP ratio and a high amount of external debt have raised concerns over debt sustainability. Few concerns and possible solutions. Rise in Fiscal Deficit & Debt-to-GDP ratio Fiscal Deficit = 9.3% of… Continue reading India’s debt-to-GDP ratio at a 14-year high
