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Rising interest rates to upset Modi’s Budget math on small savings
Rising interest rates to upset Modi’s Budget math on small savings
While Prime Minister Narendra Modi’s administration has kept the reliance on market borrowings to bridge the shortfall almost unchanged, it plans to boost the share of small savings in that equation to more than 26% next fiscal year from 24% currently.
While Prime Minister Narendra Modi’s administration has kept the reliance on market borrowings to bridge the shortfall almost unchanged, it plans to boost the share of small savings in that equation to more than 26% next fiscal year from 24% currently.
While Prime Minister Narendra Modi’s administration has kept the reliance on market borrowings to bridge the shortfall almost unchanged, it plans to boost the share of small savings in that equation to more than 26% next fiscal year from 24% currently. 
