%A Ajit Ranade
%T Fight against inflation undermined by high deficit, loose money
%! Fight against inflation undermined by high deficit, loose money
%X India’s fiscal situation is more dire than is acknowledged. If we compare the debt service ratio, i.e. how much of the government’s revenue goes simply to pay interest on the rising debt mountain, India is way above the median for all countries.
%U https://www.thebillionpress.org/columns/economy/fight-against-inflation-undermined-high-deficit-loose-money-375