The government is trying to avoid an economic catastrophe, but what is the country’s debt problem?
The question is a critical one in a country where the country has been in the debt-for-production cycle since at least the late 1990s, when a number of companies that were in the private sector were nationalised.
These include Bharat Forge and the Hindustan Steel Corporation.
The government has sought to tackle the problem of underinvestment by creating a National Infrastructure Development Fund (NIDFP) to create more than $300 billion of public debt in the next five years.
However, the NIDFP will have to be balanced against the cost of debt service.
A senior government official said the government has no intention of raising funds to create the fund.
The Finance Minister and other ministers are also keen to create a new fund to finance infrastructure projects in the country.
The plan to create an NIDFF will have a separate section on infrastructure, which will help the finance ministry focus on the government’s economic agenda.
The Finance Minister, for his part, is in the process of establishing the fund, but the plan has not been decided.
The National Infrastructure Fund will be funded by the sale of government assets, including the country-owned Coal India, which is in trouble.
The debt problem has been a thorny issue in the past for the government, as the country experienced a major economic crisis when the rupee lost about 40 per cent of its value in 2014.
The Reserve Bank of India cut interest rates by 25 basis points on July 31, 2016, which led to a dramatic fall in interest rates.
However the government did not get a price on its debt.
In the run up to the government-sponsored loans, the Reserve Bank also reduced interest rates in order to attract the private investors.
This has led to an erosion of the country and led to the nationalisation of a number companies.
The country’s central bank, however, maintained that the decision was based on the need to maintain the fiscal balance.