India Needs $80 Bn To Fund CAD: Bhuvnesh Singh
  • Gaurav Sarkar
  • Aug 08 2013

Bhuvnesh Singh, MD & Head of India Research at Barclays Capital, says when it comes to current account deficit, the government needs to fill in a hole of $80 billion. “We assume $50-55 billion will come in naturally, but the remaining $20-25 billion will have to be tackled by the government,” he says, adding that the government is thinking about the price they will have to pay to get this capital.