ISB finance professor says India's debt is manageable but interest costs are alarming
- Prasanna Tantri, finance professor at the ISB, said India's public debt is approximately 80% of GDP.
- The Centre's debt ratio is expected to decline to 56.1% in 2025-26.
- Tantri highlighted that interest payments account for 3.7% of GDP for the Centre and about 5.5% when including state debts.
- Tantri noted that India's debt-to-GDP ratio is lower than that of the US and UK, yet interest servicing costs are higher.
Source: businesstoday.in
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