The Centre's debt was at 58.8 per cent of GDP in FY21. It fell slightly to 57.6 per cent in the first quarter of FY22
In emerging markets, South Africa and India had the biggest increases in government debt ratios last year
Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth
In absolute terms, fiscal deficit -- which is the gap between expenditure and revenue -- stood at Rs 8,70,347 crore
Public debt accounted for 91.1 per cent of total outstanding liabilities at end-June 2020, the quarterly report on public debt management released on Friday said
General government debt-to-GDP ratio stood at 75 per cent in FY20, according to the report by economists of Motilal Oswal Financial Services
The government's debt rose to 75% of GDP in FY20 from 70% in FY18 and is likely to reach 91% in FY21, according to estimates from the EcoScope report of Motilal Oswal Financial Services.
The central bank may be trying to increase the attraction of sovereign debt by letting yields rise, according to PNB Gilts Ltd
Debt levels in many states are already way above the recommended 20 per cent of GDP mark
Nurturing a relationship with foreign investors is particularly important when it comes to the long-term objective of borrowing in times of a calamity
Govt debt is the only interest-yielding risk-free asset in any country