Government spending is crowding out private spending in India

2022.12.09 00:53

[ad_1]

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.”

Government spending is crowding out private spending in India