Government Debt Story 'UPA v/s NDA'

'The Economic Times' has Published an Article that Indian Government's Total Debt Liabilities have Increased by 50% in last Four & Half Year of Modi Era.

👉 As expected that is Half Information, Here is Full Scenario.

Government Total Debt Liabilities

⏺ Mar 2004 : 17,79,764 crore
⏺ Jun 2009 : 28,98,918 crore

➡ Debt Liabilities have Increased by whopping 62.88% during 5 Years of UPA-I Government.

⏺ Jun 2009 : 28,98,918 crore
⏺ Jun 2014 : 54,90,763 crore

➡ Debt Liabilities have Increased by whopping 89.41% during 5 Years of UPA-II Government.

⏺ Jun 2014 : 54,90,763 crore
⏺ Sep 2018 : 82,03,253 crore

➡ Debt Liabilities have Increased by nominal 49.4% during 4 Years 4 Months of NDA Government.

Who has Done Damage ?

'World Bank' loans during UPA / NDA era.

➡ 'MMS' as Finance Minister -> 36.35% Increase in 'World Bank' loans.

1990-91: 19.12 Bn$
1995-96: 26.07 Bn$

➡ 'Atal Bihari Vajpayee' as PM -> 2.52% Increase in 'World Bank' loans.

1997-98: 25.41 Bn$
2003-04: 26.05 Bn$

➡ 'MMS' as PM (Sonia as Super PM) -> 46.60% Increase in 'World Bank' loans.

2003-04: 26.05 Bn$
2013-14: 38.19 Bn$

➡ 'Modi' as Prime Minister -> (-ve) 4.82% Decrease in 'World Bank' loans.

2013-14: 38.19 Bn$
2016-17: 36.35 Bn$

Please don't Fall in Fake Media Narrative. Study the Figures yourself.

#WorldBank #WorldBankLoan

India's External Debt

⏺ Mar 2004 : $ 138.02 billion
⏺ Mar 2014 : $ 446.20 billion

➡ India's 'External Debt' have Increased by whopping 223.28% during 10 Years of UPA.

⏺ Mar 2014 : $ 446.20 billion
⏺ Dec 2018 : $ 510.40 billion

➡India's 'External Debt' have Increased by nominal 14.39% during 4.5 Years of NDA.

Who has Done Damage ?

Debt to GDP Ratio

'Debt' figure alone is Not the Economic Criterion, rather 'Debt to GDP Ratio' is The Economic Criterion.

UPA (10 Years) : 73.80 %
NDA (04 Years) : 69.08 %

Debt Burden have Significantly Reduced under 'Modi Government'.

#GovernmentDebt