Geopolitics

India's non-sovereign debt may rise to 150 pc of GDP by 2047: Crisil - ANI News

Source: ANI News

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DW NOTE

Crisil projects India's private and corporate debt will hit 150% of GDP in 21 years — a forecast that assumes stable global capital flows, contained inflation, and uninterrupted growth for two decades. None of those conditions held for the last two. Debt projections are not economic analysis; they're optimism dressed in spreadsheets.

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India's non-sovereign debt may rise to 150 pc of GDP by 2047: Crisil - ANI News

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