fiscal consolidation | rural economy: Govt likely to stick to fiscal consolidation path, focus on rural economy: Santanu Sengupta, Goldman Sachs

fiscal consolidation | rural economy: Govt likely to stick to fiscal consolidation path, focus on rural economy: Santanu Sengupta, Goldman Sachs

Santanu Sengupta, Chief India Economist, Goldman Sachs, says India’s public debt to GDP at 80% plus is one of the highest among EMs. So though India has had high growth, over a period of time. that debt to GDP number needs to consolidate below 80% and probably get closer to 75%. That is why the … Read more