by Suryaa |
India's debt has increased by 5.29 lakh per cent in the last 70 years. The country's net debt stood at Rs 2,565.40 crore in 1950-51 and reached Rs 1,35,86,975.52 crore by 2021-22. The central government has responded to a question posed by social activist Inaganti Ravikumar under the Co-Act.
India debt 2014 vs 2021
The country's net debt stood at Rs. 62,42,220.92 by 2014-15. With the 2021-22 budget the debt reached Rs. 1,35,86,975.52 crores. Increased by 117% in seven years. In 64 years, the country's debt stood at Rs 62.42 lakh crore, while in the last seven years alone, it has borrowed Rs 73,44,754 crore.