Tag: gdp

India has less fiscal room to support economy; rise in DEBT- GDP ratio to weaken credit profile

The 'Fitch Ratings Agency' an independent and renowned rating agency in the World published a report for India's DEBT - GDP ratio for financial years 2020 and 2021. The Indian government has less fiscal room to support the economy compared to many of its peers and the country's credit profile would weaken if a wider fiscal deficit
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