India’s External Debt Rose to $647 Billion in 2023: World Bank
India’s external debt surged to $646.79 billion in 2023, reflecting a $31 billion increase from the previous year, as reported by the World Bank’s International Debt Statistics (IDS) report. This substantial growth underscores the nation’s rising reliance on external borrowing to fuel its economic activities and developmental projects. While this uptick highlights global confidence in … Read more