India is considering the possibility of keeping its gross borrowings for the fiscal year 2024/25 at a level similar to the current year's, according to exclusive sources. This decision comes as the government aims to manage its debt burden while supporting the country's economic recovery.
India, like many nations worldwide, has faced significant economic challenges due to the ongoing COVID-19 pandemic. To mitigate the impact of the crisis, the Indian government has implemented several measures, including increasing its borrowing program to provide funds for stimulus packages and infrastructure development.
