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Consequences of India’s Fiscal Deficit

Consequences of India’s Fiscal Deficit
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First Published: Fri, Mar 13 2009. 09 52 AM IST

Updated: Fri, Mar 13 2009. 09 52 AM IST
Economists and commentators have, over the last couple of weeks, expressed only the most dire forecasts about the Indian fiscal deficit.
On Just to Clarify today, we wanted to figure out exactly why these forecasts have come about, and what the size of the deficit means for the Indian economy.
Our guest on the show today is Sanjiv Shankaran, one of Mint’s own staff writers, and someone who has been tracking the deficit so closely that it has begun to haunt his dreams at night.
As always, if you want any aspect of the news explained on Just to Clarify, please do write in to me at samanth.s@livemint.com.
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First Published: Fri, Mar 13 2009. 09 52 AM IST