external debt to GDP Ratio Current Affairs, GK & News

IMF: India’s Debt to GDP increased to 90%

The International Monetary Fund recently announced that the debt to GDP ratio of India increased from 74% to 90% due to COVID-19 crisis. This is to increase to 99% in 2021. The international financial organisation has also stated that this is to reduce to 80% after economic recovery. What is Debt to GDP ratio? The ..

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Overseas Bonds

The Indian Finance Minister had in her budget speech announced that to raise funds, India would opt for the issue of overseas bonds. While some economists call this move of the Indian government unplanned and unnecessary risk, the Indian Government is sticking to its plan as it belies than an overseas bond issue will spur ..

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