Burden of External Debt

by Sushiila Ttiwari & D. Samarender Reddy

India’s continued economic growth and development ambitions have necessitated external borrowing to fund infrastructure projects, promote industrial growth and address fiscal requirements. In the long run, larger government debt may slow the growth of potential output and consumption because of the costs of servicing external debt along with other issues discussed in this article. As a true Indian, it is our duty to list the concerns and solutions that can help our nation achieve this ambitious goal and ensure we continue to shine in the economic sphere of the world.


D. Samarender Reddy

Holds degrees in Medicine (MBBS) and Economics (MA, The Johns Hopkins University). Certified programmer. An avid reader. Worked in various capacities as a medical writer, copywriter, copyeditor, software programmer, newspaper columnist, and content writer.

Leave a Reply