What is the Twin Balance Sheet Problem of India? Will this lead to an economic crisis? What is the solution to avoid a crisis? (15 Marks)

Mentors Comment: Economic Survey recently highlighted the issue of TBS in its publication and since then, it has been a topic of interest for economists and bureaucrats because of the implications it can have on India and its economy. The question demands the discussion on three broader level. First discuss what is TBS. Simply discuss … Continue reading What is the Twin Balance Sheet Problem of India? Will this lead to an economic crisis? What is the solution to avoid a crisis? (15 Marks)