‘India’s debt-to-GDP ratio lowest among major economies’: FM Sitharaman sees fiscal space, hints at rate cut
Finance Minister Nirmala Sitharaman on Monday said India stands out in debt management among major economies, with an overall debt-to-GDP ratio of about 81%, even as the global economy faces rising volatility and uncertainty, PTI reported.Speaking at an event organised by the National Institute of Public Finance and Policy (NIPFP), Sitharaman warned that the ongoing…