What is the effect of Covid-19 on Indias supply of loanable funds? Indias government budget deficit is
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What is the effect of Covid-19 on India’s supply of loanable funds?
India’s government budget deficit is 4.6 percent of GDP in 2019–2020. The government projected a deficit of 3.8 percent of GDP in 2020–2021, but experts think 6–7 percent is more likely because of the effects of Covid-19.
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The COVID19 pandemic has had a significant impact on Indias economy and hence the supply of loanable ...View the full answer
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