Govt Debt Sustainability vis a vis GDP Growth

Basic rule is that nominal GDP growth should be more than the interest rate for govt debt to not balloon. If the interest rate in a country is 6% then the nominal GDP growth rate should be more than 6% for govt’s tax revenues to match the increase in its interest outgo. This is so because if GDP growth is lower than interest rate, then the increase in next years’ interest outgo of the govt would be higher than the increase in its tax revenues thereby leading to rising debt which can lead to debt trap.

Vigilance Awareness Week 2025

Vigilance Awareness Week 2025 is being observed from October 27th to November 2nd, 2025, with the theme:

सतर्कता: हमारी साझा जिम्मेदारी
(“Vigilance: Our Shared Responsibility”).

All stakeholders are encouraged to participate in the e-pledge initiative by visiting the CVC portal: https:// pledge.cvc.nic.in/