Question
Moody’s projected that the Indian economy is expected
to clock a 6-6.3 per cent growth in June quarter.According to Moody's, how much is India’s level of general government debt for 2022-23?Solution
Moody’s projected that the Indian economy is expected to clock a 6-6.3 per cent growth in June quarter, and flagged risks of fiscal slippage arising from weaker-than-expected government revenues in the current fiscal.According to Moody’s India has a relatively high level of general government debt at around 81.8 per cent of GDP for 2022-23.
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