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Economics1h 48m ago

India's non-sovereign debt could rise from approximately 84 per cent of GDP today to around 150 per cent by 2047.

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India

Who
Crisil
What
India's non-sovereign debt could rise from approximately 84 per cent of GDP today to around 150 per cent by 2047.
When
Thu, 16 Jul 2026 09:33:10 GMT · 1h 48m ago
Where
India ·
Why
This structural shift will be necessary to achieve the government's Viksit Bharat vision of a USD 30+ trillion economy by the calendar year 2047.
The Frontline Impact

How this affects you

The projected debt levels match the borrowing ratios of developed economies during their periods of rapid economic transformation. This indicates a potential significant increase in India's fiscal obligations to fund its economic development goals.

Story chain

2 events in this thread
  1. Economics1h 38m ago
    India's non-sovereign debt may reach 150 percent of GDP by 2047, requiring increased debt capital market participation.
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  2. Currently Reading1h 48m ago
    India's non-sovereign debt could rise from approximately 84 per cent of GDP today to around 150 per cent by 2047.

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