Home / business / India's Debt-to-GDP Ratio to Shoot up to 87.6% in FY21 Due to Extra Govt Borrowing Amid Pandemic

India's Debt-to-GDP Ratio to Shoot up to 87.6% in FY21 Due to Extra Govt Borrowing Amid Pandemic

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Over four percentage points of the increase in the debt-to-GDP ratio is attributable to the fall in growth, which is going to result in GDP contraction during the year, analysts said.

from Top Business News- News18.com
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India's Debt-to-GDP Ratio to Shoot up to 87.6% in FY21 Due to Extra Govt Borrowing Amid Pandemic India's Debt-to-GDP Ratio to Shoot up to 87.6% in FY21 Due to Extra Govt Borrowing Amid Pandemic Reviewed by Team Exprssnews on July 20, 2020 Rating: 5

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