Abstract

This paper examines the influence of financialization on economic growth and debt accumulation, analyzing the dynamics through which financial markets, institutions, and instruments have expanded their influence over real economies. India's economic growth trajectory has been remarkable especially after “Hindu growth” era. In the same time, academicians are concerned about rising public debt, which have emerged as a potential threat to this growth. We will reconnoiters the effects of financialization on various economies, both developed and emerging and intricate relationship between debt and growth in India, examining the historical trends, underlying factors, and potential implications.