Ajit Ranade: Rising interest payments on government debt isn’t equally bad news for everyone

As enlarged government borrowings drive up interest rates, we’re in a new era globally. Budgets must tighten, but fiscal pullbacks can have uneven consequences. India’s case is particularly troubling in this context.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.