High corporate debt and a high level of bad loans at banks are stifling private investment and growth. How did the twin balance sheet problem come about, how has its impact been relatively muted compared to that in other countries and how do we get out of it? The latest Economic Survey has a chapter on it. My analysis and comments in EPW.
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1 comment:
ya it is good idea i was also thinking about that How did the twin balance sheet problem come about ?
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