arihant competition in focus monthly magazine

 arihant competition in focus monthly magazine 

arihant competition in focus monthly magazine  published this article page no312

It is interesting however to see how the bond issue impacts the macro economy and specifically the fiscal deficit. The annual interest cost of the bonds is likely to be in the range of Rs 8000 crore to Rs 9000 crore. According to Chief Economic Advisor Arvind Subramanian the bond issue is not going to stoke inflation or widen the fiscal deficit. However it depends on accounting treatment whether the issue will widen the fiscal deficit or not. arihant competition in focus monthly magazine