What are the real costs of India’s high levels of public debt?

High expenditures on interest payments mean fewer resources for countercyclical fiscal policies and social spending in critical areas.

Prachi Mishra

 & 

Nikhil Patel​

· Aug 05, 2022 · 09:00 am

Why are US millenials $1 trillion in debt despite being better savers than previous generations?

America’s youth have experienced the cosmic duality of yin and yang like few other generations.

Jimmie Lenz, The Conversation

· Mar 27, 2019 · 11:30 pm

Tamil Nadu has stringent laws against moneylending at exorbitant rates. Why does it persist then?

The widespread problem is finally receiving attention after last week’s self-immolation of a daily wage labourer’s family in Tirunelveli.

Vinita Govindarajan

· Oct 29, 2017 · 06:30 am

India is borrowing more and more to pay its existing loans, and that could wreck development dreams

The government has set up a cell to manage India's public debt and expects better results than those achieved by the Reserve Bank and the Finance Ministry.

Mayank Jain

· Oct 11, 2016 · 07:30 pm

India Inc is sunk in bad debt – and unlikely to pay up

Banks are swimming in loans to corporates that are on the verge of collapse.

Mayank Jain

· Jul 05, 2016 · 05:30 pm

Vijay Mallya says he is in 'forced exile', has no plans to return to India

In an interview with the 'Financial Times', the businessman said the current dissent against him in the country made him wish to stay safe in the UK.

Scroll Staff

· Apr 29, 2016 · 01:23 pm

Centre writes to UK High Commission seeking Vijay Mallya’s deportation

This is to ensure his presence in India during the investigation of the money-laundering case against him, said the Ministry of External Affairs.

Scroll Staff

· Apr 28, 2016 · 05:02 pm

Vijay Mallya convicted in cheque-bouncing case by Hyderabad court

GMR Hyderabad International Airport Ltd had sued the former liquor baron after cheque payments amounting to Rs 2 crore did not go through.

Scroll Staff

· Apr 21, 2016 · 11:58 am

Non-bailable warrant issued against Vijay Mallya by Mumbai court for money laundering

The court rejected an application moved by Kingfisher Airlines that the allegations levelled against Mallya by the Enforcement Directorate were false.

Scroll Staff

· Apr 18, 2016 · 04:47 pm

SC asks Vijay Mallya to deposit 'substantial amount', after banks reject loan-repayment proposal

The apex court also asked the 60-year-old businessman's lawyers to inform the bench when he is returning to India.

Scroll Staff

· Apr 07, 2016 · 11:26 am

Vijay Mallya barred from accessing the Rs 515 crore he got from selling his business to Diageo

The Debt Recovery Tribunal said he can get the money only after a suit against him for unpaid loans of Rs 7,000 crore is settled, while earlier in the day, the Enforcement Directorate filed a separate case in his name.

Scroll Staff

· Mar 07, 2016 · 10:37 am

Kerala’s new gambit: state will pay interest on farmers' loans

Finance Minister K. M. Mani announced that the government will pay the entire interest payable by farmers on every loan where the farmer repays the principal on time.

IndiaSpend Team

· Mar 24, 2015 · 07:30 pm