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India holds ground as China’s debt soars: PM Modi's advisor
short by / on Thursday, 26 February, 2026
While China’s government debt skyrocketed from 40% to 90% of its GDP in just six years, India quietly held its ground. Economist Neelkanth Mishra, who advises Prime Minister Narendra Modi, says India’s financial discipline is now paying off: home loans are as low as 7.1%, making it one of the best times in history to build in India.
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