https://www.taxtmi.com/news?id=23603 An active counter-cyclical fiscal policy is warranted because growth drives debt sustainability in India; with the Interest Rate Growth Rate Differential typically negative, growth-stimulating fiscal measures-including multi-year public investment and targeted expansionary spending-can lower debt-to-GDP ratios, with larger fiscal multipliers during crises and potential to crowd in private investment while preserving fiscal responsibility. en-us Fri, 29 Jan 2021 16:46:20 +0530 Fri, 29 Jan 2021 16:46:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23603 An active counter-cyclical fiscal policy is warranted because growth drives debt sustainability in India; with the Interest Rate Growth Rate Differential typically negative, growth-stimulating fiscal measures-including multi-year public investment and targeted expansionary spending-can lower debt-to-GDP ratios, with larger fiscal multipliers during crises and potential to crowd in private investment while preserving fiscal responsibility. News - Fri, 29 Jan 2021 16:46:20 +0530 https://www.taxtmi.com/news?id=23603