Moody's flags high government debt and fiscal slippage risks for Indian economy

Moody's on Sunday said the Indian economy is expected to clock a 6-6.3% growth in June quarter, and flagged risks of fiscal slippage arising from weaker-than-expected government revenues in the current fiscal. India has a relatively high level of general government debt at around 81.8% of GDP for 2022-23, and low debt affordability, the agency said

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.