2 min read.Updated: 25 Feb 2016, 03:26 AM ISTTadit Kundu
The debt-to-GDP ratio need not necessarily worsen, especially if the government can keep the fiscal deficit in check
New Delhi: As the Union budget draws near, the one number eagerly awaited by bond traders and economists alike is the fiscal deficit. However, in times of falling nominal growth, the debt-to-gross domestic product (GDP) ratio also assumes importance.
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