Economic Indicators
Government spending is crowding out private spending in India
2022.12.09 00:53
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Government spending is crowding out private spending in India
Budrigannews.com – According to a statement made on Friday by India’s chief economic adviser, the country’s current rate of public spending may limit private spending.
V. Anantha Nageswaran stated this at a New Delhi event: “The South Asian nation needs to ensure that combined public and private spending does not raise the cost of borrowing.”
