Globalization has led to an increase in India's public debt due to a combination of factors, including increased government spending, reduced tax revenues, and higher interest payments on external debt.

Rising public debt can lead to increased interest payments, higher inflation, and lower economic growth, but it does not necessarily lead to reduced government spending.

Globalization has led to a reduction in government revenue through lower tariffs, which has contributed to India's fiscal deficit.

Borrowing more money from domestic or international sources will not reduce the fiscal deficit, but it may help to finance the deficit.

The exchange rate is not a direct factor that influences India's public debt and fiscal deficit, although it can have an indirect impact through its effects on trade and investment.

Globalization has not necessarily led to a reduction in poverty in India. In fact, some argue that it has contributed to rising inequality.

Borrowing more money from domestic or international sources is not a step that the Indian government has taken to address the challenges posed by globalization to its public debt and fiscal deficit.

The overall impact of globalization on India's economy is complex and depends on a variety of factors, including the level of economic growth, the government's fiscal policy, and the global economic climate.

The need to increase government spending on infrastructure and social welfare programs is not a challenge that the Indian government faces in managing its public debt and fiscal deficit in the context of globalization. In fact, such spending can help to promote economic growth and reduce poverty and inequality.

Globalization has not necessarily led to a reduction in poverty in India. In fact, some argue that it has contributed to rising inequality.

Borrowing more money from domestic or international sources is not a step that the Indian government has taken to address the challenges posed by globalization to its public debt and fiscal deficit.

The overall impact of globalization on India's economy is complex and depends on a variety of factors, including the level of economic growth, the government's fiscal policy, and the global economic climate.

The need to increase government spending on infrastructure and social welfare programs is not a challenge that the Indian government faces in managing its public debt and fiscal deficit in the context of globalization. In fact, such spending can help to promote economic growth and reduce poverty and inequality.

Globalization has not necessarily led to a reduction in poverty in India. In fact, some argue that it has contributed to rising inequality.

Borrowing more money from domestic or international sources is not a step that the Indian government has taken to address the challenges posed by globalization to its public debt and fiscal deficit.