India is also issuing a pretty huge amount of debt for them in 6.6 trillion rupees or ~$80 billion in the next few months. Seems like everyone is now trying to restart their economies with government lending like the US did in the prior years.
That's true but India's purpose is not the same as China's. As you said everyone is trying to restart their economies, I don't think India needs to stimulate its economy, at leat not now.
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