Manufacture in India over Make in India to increase Employment Opportunities for the youth.docx - Manufacture in India over Make in India to increase

Manufacture in India over Make in India to increase Employment Opportunities for the youth.docx

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Manufacture in India over Make in India to increase Employment Opportunities for the youth CIA-3 LUKOSE P LUKE 191710 1 MCOM B
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At end-March 2018, India’s external debt was USD 529.2 billion, registering an increase of 12.3% over the end-March 2017 level.[ CITATION wik \l 16393 ] Indian government had debt of 529 billion dollar by March 2018 which further reduced to 510.4 billion dollar in December 2018. Now the question arises whether the government of India can print more money to repay this debt or not?. In relation to GDP its share in slightly rose to 20.1% from 20% over the same period[ CITATION 19AU \l 16393 ]. The external debt of India is the total debt the country owes to foreign creditors. The debtors can be the Union government , state governments , corporations or citizens of India. The debt includes money owed to private commercial banks , foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank . Larsen &
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