Modi banks on households to rein in a $346 billion debt pile

Prime Minister Narendra Modi’s administration is addressing a $346 billion debt through longer-dated sovereign bonds with a growing influence of households investing in insurers. This shift has led to a focus on long-term debt sales and substantial participation by insurance sectors, supporting the nation’s refinancing strategies. Prime Minister Narendra Modi’s administration is addressing a $346 billion debt through longer-dated sovereign bonds with a growing influence of households investing in insurers. This shift has led to a focus on long-term debt sales and substantial participation by insurance sectors, supporting the nation’s refinancing strategies.  Economic Times