Over a decade, India's national debt has gone up nearly four times from ₹32.3 lakh crore to ₹115 lakh crore in FY22. Interest payment shot up from 2.2% of GDP to 3.1% of GDP at ₹8.13 lakh crore in FY22. FY23 is likely to see this go up to ₹9.4 lakh crore. The Comptroller and Auditor General of India has raised concern over increasing Central government debt.
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Budget 2023: Centre's Interest Payout On The Rise
Interest payment shot up from 2.2% of GDP to 3.1% of GDP at ₹8.13 lakh crore in FY22. FY23 is likely to see this go up to ₹9.4 lakh crore.
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On A Weak Charge
A significant drop in lithium prices will lead to reduced costs for electric vehicle manufacturers and lower expenses for producers of green technologies.
It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
What Employers Do To Stay On Top
IT companies and banks feature among largest employers in the country. Here’s the lowdown on what India Inc.’s big boys are doing to keep employees engaged.
Future-Ready Workplaces
India’s Future-ready Workplaces — an annual study by Fortune India and CIEL HR.
Infographics
On A Weak Charge
A significant drop in lithium prices will lead to reduced costs for electric vehicle manufacturers and lower expenses for producers of green technologies.
It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
What Employers Do To Stay On Top
IT companies and banks feature among largest employers in the country. Here’s the lowdown on what India Inc.’s big boys are doing to keep employees engaged.
Future-Ready Workplaces
India’s Future-ready Workplaces — an annual study by Fortune India and CIEL HR.
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