Can India escape the debt trap that rich economies are staring at?
Published on: Sept. 25, 2025, 7:30 a.m. | Source: Livemint
Governments across the world see debt-funded public spending as an easy way to overcome economic slowdowns. But the costs it imposes—especially on unborn taxpayers—mustn’t slip out of consideration. Does the West need a sharper reminder of it than we do?