High govt borrowing can squeeze private sector, says Viral Acharya
New Delhi, July 23 -- The outgoing Reserve Bank of India (RBI) deputy governor Viral Acharya has warned of the perils of high government borrowing and its impact on private sector investments. Acharya made a strong case for reducing government borrowing and making more resources available for the private sector, in a speech delivered at a Federal Bank event in Kochi last year and published on the eve of him demitting office after a surprise resignation....
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