ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Hrinum Kritwa, Ghritam Pivet

Hrinum Kritwa, Ghritam Pivet Arun Ghosh There is a real danger that in a few years the Indian economy would get deadlocked with large investment needs but without the requisite domestic savings and the prospects of external savings also drying up, A point of no return would then be reached when domestic borrowings would fall to provide any net resources to government and the only recourse would be open-ended deficit financing with consequent hyper-inflation.

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