Monday, 26 November 2012

INDIA ON DEBT Since 1949..

INDIA on DEBT:-  Everyone in our country says INDIA is always on Debts. Let’s have some information on it. ..                     India has been borrowing from the World Bank (through IBRD and IDA) for various development projects in areas of poverty alleviation, infrastructure, rural development, human resource development, etc. IDA funds are one of the most concessional external loans for GOI and are used largely in social sector projects that...