Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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        LATEST NEWS UPDATES | During COVID-19 pandemic, India’s debt to GDP ratio increased from 74% to 90%, says IMF    </title>
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In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.

India&rsquo;s debt to GDP ratio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to..."/>
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In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.

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    <h1 class="cat-box-title">During COVID-19 pandemic, India’s debt to GDP ratio increased from 74% to 90%, says IMF</h1>
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                            <p style="text-align:justify">-PTI/ The Hindu</p><p style="text-align:justify"><em>In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.</em></p><p style="text-align:justify">India&rsquo;s debt to GDP ratio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to drop down to 80% as a result of the country&rsquo;s economic recovery.</p><p style="text-align:justify">Paolo Mauro, Deputy Director, IMF&rsquo;s Fiscal Affairs Department told reporters at a news conference here on Wednesday, &ldquo;In the case of India, the debt ratio at the end of 2019, prior to the pandemic, was 74% of Gross Domestic Product (GDP), and at the end of 2020, it is almost 90% of GDP. So, that&rsquo;s a very large increase, but it is something that other emerging markets and advanced economies have experienced as well.&rdquo;</p><p style="text-align:justify">&ldquo;And, for the case of India going forward, in our baseline forecast, we expect that the debt ratio will gradually come down as the economy recovers. In our baseline forecast under the assumption of healthy economic growth in the medium term, we see debt returning to about 80% over time,&rdquo; Mr. Mauro said.</p><p style="text-align:justify">Responding to a question, he said that the immediate priorities are to continue supporting people and firms, and, in particular, to focus on supporting the most vulnerable.</p><p style="text-align:justify">At the same time, it is important to reassure the general public and investors that the public finance is under control and the way to do so is through a credible medium term fiscal framework.</p><p style="text-align:justify">&ldquo;This year, India has already announced its budget. It continues to be accommodative. It continues to support health, and it continues to support people. Over the next years, it is quite likely that the deficit will be reduced in part as the economy recovers,&rdquo; he said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/during-covid-19-pandemic-indias-debt-to-gdp-ratio-increased-from-74-to-90-says-imf/article34268953.ece?homepage=true" title="https://www.thehindu.com/business/during-covid-19-pandemic-indias-debt-to-gdp-ratio-increased-from-74-to-90-says-imf/article34268953.ece?homepage=true">click here</a> to read more.</p>                                                           
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In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.

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In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.

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    <h1 class="cat-box-title">During COVID-19 pandemic, India’s debt to GDP ratio increased from 74% to 90%, says IMF</h1>
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                            <p style="text-align:justify">-PTI/ The Hindu</p><p style="text-align:justify"><em>In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.</em></p><p style="text-align:justify">India&rsquo;s debt to GDP ratio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to drop down to 80% as a result of the country&rsquo;s economic recovery.</p><p style="text-align:justify">Paolo Mauro, Deputy Director, IMF&rsquo;s Fiscal Affairs Department told reporters at a news conference here on Wednesday, &ldquo;In the case of India, the debt ratio at the end of 2019, prior to the pandemic, was 74% of Gross Domestic Product (GDP), and at the end of 2020, it is almost 90% of GDP. So, that&rsquo;s a very large increase, but it is something that other emerging markets and advanced economies have experienced as well.&rdquo;</p><p style="text-align:justify">&ldquo;And, for the case of India going forward, in our baseline forecast, we expect that the debt ratio will gradually come down as the economy recovers. In our baseline forecast under the assumption of healthy economic growth in the medium term, we see debt returning to about 80% over time,&rdquo; Mr. Mauro said.</p><p style="text-align:justify">Responding to a question, he said that the immediate priorities are to continue supporting people and firms, and, in particular, to focus on supporting the most vulnerable.</p><p style="text-align:justify">At the same time, it is important to reassure the general public and investors that the public finance is under control and the way to do so is through a credible medium term fiscal framework.</p><p style="text-align:justify">&ldquo;This year, India has already announced its budget. It continues to be accommodative. It continues to support health, and it continues to support people. Over the next years, it is quite likely that the deficit will be reduced in part as the economy recovers,&rdquo; he said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/during-covid-19-pandemic-indias-debt-to-gdp-ratio-increased-from-74-to-90-says-imf/article34268953.ece?homepage=true" title="https://www.thehindu.com/business/during-covid-19-pandemic-indias-debt-to-gdp-ratio-increased-from-74-to-90-says-imf/article34268953.ece?homepage=true">click here</a> to read more.</p>                                                           
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In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.

India&rsquo;s debt to GDP ratio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to..." />
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    <h1 class="cat-box-title">During COVID-19 pandemic, India’s debt to GDP ratio increased from 74% to 90%, says IMF</h1>
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                            <p style="text-align:justify">-PTI/ The Hindu</p><p style="text-align:justify"><em>In 2020, fiscal policy also contributed to mitigate falling economic activity and employment.</em></p><p style="text-align:justify">India&rsquo;s debt to GDP ratio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to drop down to 80% as a result of the country&rsquo;s economic recovery.</p><p style="text-align:justify">Paolo Mauro, Deputy Director, IMF&rsquo;s Fiscal Affairs Department told reporters at a news conference here on Wednesday, &ldquo;In the case of India, the debt ratio at the end of 2019, prior to the pandemic, was 74% of Gross Domestic Product (GDP), and at the end of 2020, it is almost 90% of GDP. So, that&rsquo;s a very large increase, but it is something that other emerging markets and advanced economies have experienced as well.&rdquo;</p><p style="text-align:justify">&ldquo;And, for the case of India going forward, in our baseline forecast, we expect that the debt ratio will gradually come down as the economy recovers. In our baseline forecast under the assumption of healthy economic growth in the medium term, we see debt returning to about 80% over time,&rdquo; Mr. Mauro said.</p><p style="text-align:justify">Responding to a question, he said that the immediate priorities are to continue supporting people and firms, and, in particular, to focus on supporting the most vulnerable.</p><p style="text-align:justify">At the same time, it is important to reassure the general public and investors that the public finance is under control and the way to do so is through a credible medium term fiscal framework.</p><p style="text-align:justify">&ldquo;This year, India has already announced its budget. It continues to be accommodative. It continues to support health, and it continues to support people. Over the next years, it is quite likely that the deficit will be reduced in part as the economy recovers,&rdquo; he said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/during-covid-19-pandemic-indias-debt-to-gdp-ratio-increased-from-74-to-90-says-imf/article34268953.ece?homepage=true" title="https://www.thehindu.com/business/during-covid-19-pandemic-indias-debt-to-gdp-ratio-increased-from-74-to-90-says-imf/article34268953.ece?homepage=true">click here</a> to read more.</p>                                                           
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During COVID-19 pandemic, India’s debt to GDP ratio increased from 74% to 90%, says IMF

Published on Apr 8, 2021   Modified on Apr 8, 2021

-PTI/ The Hindu In 2020, fiscal policy also contributed to mitigate falling economic activity and employment. India’s debt to GDP ratio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to drop down to 80% as a result of the country’s economic recovery. Paolo Mauro, Deputy Director, IMF’s Fiscal Affairs Department told reporters at a news conference here on Wednesday, “In the case of India, the debt ratio at the end of 2019, prior to the pandemic, was 74% of Gross Domestic Product (GDP), and at the end of 2020, it is almost 90% of GDP. So, that’s a very large increase, but it is something that other emerging markets and advanced economies have experienced as well.” “And, for the case of India going forward, in our baseline forecast, we expect that the debt ratio will gradually come down as the economy recovers. In our baseline forecast under the assumption of healthy economic growth in the medium term, we see debt returning to about 80% over time,” Mr. Mauro said. Responding to a question, he said that the immediate priorities are to continue supporting people and firms, and, in particular, to focus on supporting the most vulnerable. At the same time, it is important to reassure the general public and investors that the public finance is under control and the way to do so is through a credible medium term fiscal framework. “This year, India has already announced its budget. It continues to be accommodative. It continues to support health, and it continues to support people. Over the next years, it is quite likely that the deficit will be reduced in part as the economy recovers,” he said. Please click here to read more.

PTI/ The Hindu, 8 April, 2021, https://www.thehindu.com/business/during-covid-19-pandemic-indias-debt-to-gdp-ratio-increased-from-74-to-90-says-imf/article34268953.ece?homepage=true

Tagged with: Debt to GDP Ratio International Monetary Fund IMF Pandemic Covid-19

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