India's external debt is an insiginficant risk to the economy. But do you think the country will eventually borrow more in the future? Let us know down below!
Japan is heavily investing in India because it knows those investments will reap benefits and most projects invested are profitable ventures. I don't think India will face any issue in managing debt repayments.
External debt and foreign reserves are well balanced in India. 617 billion USd debt vs 600 billion USD foreign reserves. It's less than 20% of GDP. Some loans have payment period of more than 40 years. No trouble for Indian economy
@@Polestar828 the digitization played a key role here and privatization of Bank will help too .. atleast 5 banks must be public and remaining can be private .. I think Indians debt is not a big deal for us .. just look at its purchasing power damn its 11 trillion dollars ..
While all other South Asian Countries and Other countries were trying to borrow from china. India decided no to , instead it sticked with it ally Japan. That gave India upperhand of stability and trust . Because these debts from japan has no strings attached
interest rates are very low on Japanese loans and the repayment period is usually 50 years. Japan charges 0.05% - 0.75% interest on loans. For a growing economy, this is not even comparable to a peanut as paying these loans becomes easier and easier as the nation progresses. In return Japan enjoys trade benefits in India.
@@prakashkaruppasamy3708 😂😂 damn liar ,then how they got developed first place , but that's how Indians trying to build wealth, bullying and lending, stay for the smash
@@foodscrazy9229 sir, you dont know a thing then. China is trying so hard to put its money in india , but its the indian govt that has been trying to block it. Weather it be loans for big projects or tenders
Japan has a lot of capital but not enough labour. So they decided to use their capital to invest on profitable projects in friendly countries like India and USA to then get good returns. However the labour shortage is still a big issue in Japan
@@avishekbhattacharjee812 We see whats happening in Europe and we don't want that in Japan. Foreign educated professionals might get citizenship and many people already come from southeast asia to Japan for labour intensive work.
Only 53% of the Indian external debt is denominated in the USD (which means 53% of the external debt is to be paid in the USD), only 4.5% in Euro, and the rest in the Indian Rupee (32%), Japanese Yen (5.6%) and some other currencies. External debt isn't a big concern for India. India can payoff external debts with forex reserve.
Indian govt is intelligent enough to ensure debt won't turn out into dept trap. So most of our external debts are either from financial institutions or from friendly countries. With a rapid economic growth those debts would be paid back on time. Peace ✌️
@@DippinSauc from my point i think ur being racist and thinking India is what it was 20 years ago this is new India not old India where it would abide by your western laws we have our own opinion and if u don't wanna agree to it so be it. Btw how's your school shootings? Heard they got some good aim to target kids lol
Thank you for stating factual truth, not many Western countries like UK etc want India to grow as they have sense of hatred and colonial mindset towards India. Appreciate when someone rip through the propaganda and tells the truth about India
Top 5 Debt Nation,, USA 31 Trillion USD, Germany 6.46 Trillon USD, France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in ListIndia is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
Top 5 Debt Nation,, USA 31 Trillion USD, Germany 6.46 Trillon USD, France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in ListIndia is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
@@nationalist3227the west believes all the good stuff in life is their and only their monopoly. What can you really expect from a race who loved trading live human beings as slaves.
Summary of the video: what is internal and external debt. Points mention: • india has more domestic debt than external debt. • there is nothing to worry about the indian debt as it is one of the lowest in the world. • due to the rapid growth of indian economy, japan, us, uk, germany , france without hesitation invests in india. • due to massive expantion of indian economy , the interest on those debts are easily paid by the government of India. • one thing which india has to fix is its taxation system. End of video. Why the video was made if the indian debt is completely normal? ---- you know the answer .😏
Top 5 Debt Nation,, USA 31 Trillion USD, Germany 6.46 Trillon USD, France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in ListIndia is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
For your notice Yeah Indian taxation has become better in recent times after the coming GST older tax systems have been removed and govt revenue has been increased significantly
It won't happen BTW as Asset Monetization is happening parallely with infrastructure creation and secondly India is raising Infra funds through InViTs and National Pension funds and other innovative methods India already has world's largest Highway network and railway network
@@daipayanbhowal8914 CCP's China has the world's largest network of railway tracks installed including the HSR network. Any other country in the world dwarfs infront of Ccp's track network.
@@varun2250 Nope. US is the one with the largest railway network size. China is a distant second and India is fourth. If you however consider HSR then China is the first.
@@varun2250 yes indeed. Majority of US, Canada, Australia and Russian tracks are for freight only. If we consider only passenger transport then China and India comes first. China in the length of rail network and India in the number of passengers transported (I guess around 8 billion per year)
@@newtanagmukhopadhyay4716 India's First Multi-modal Storage facility hub,Three huge bridges for Act-East Asian Policy,,Tech-city, science City,many other other almost 13+ overbridges In Guwahati
Top 5 Debt Nation,, USA 31 Trillion USD, Germany 6.46 Trillon USD, France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in List,, India is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
I hate to be in south asia as every country around us is unstable and only India is in good position but this vision of south asia being poor and unstable degrades the image of India
in addition to your point, an even bigger risk is the spillover effect of having failed economies as our neighbours. even if we as indian citizens do everything right, tomorrow if pakistan collapses then there will be huge burden on our taxpayers as crores of people will cross the border into india to escape. already bangladeshi infiltration is a joke thanks to tmc in wb. and we are paying the price.
Well actually Pakistan is the major problem.... because Bangladesh is doing fine ....Sri Lanka hopefully becomes stable with our help ...Bhutan is just Bhutan and fine ....Nepal has some issues too but they are controllable
We are in a situation to repay the money. The thing is we require money to develop our self more. We are not the same country which was before 20 years.
Many states (ruled by non-BJP) going back to the Old Pension Scheme is a bad move and will bankrupt their respective states. If more states do this, the country might go bankrupt.
India is good till BJP is in power more specifically modi. Social security schemes are good but if they're not sustainable its a net loss for everyone. Look at the European economies.
India has two types of taxes in place, one is the direct tax that people pay out of their revenue and the other is the indirect tax which is charged to corporations and they are passed down to the public. So, even though about 99% of the population does not pay the tax directly, they do end up paying a considerable amount by the way of indirect taxes.
UK has 3T USD national debt with 3T USD GDP, compared to indian only 620B against 3.5T GDP + massive growth + young population. India's macro has been managed much better than many other developed countries as most of their privileges are funded by nothing but debts.
@@soudipsanyal Cheers your comment says a lot about your understanding of the subject - when people are clueless they talk about everything but the actual subject matter.
External Debt Of These Countries Is More Than Their GDP.. So India Is Far Better Than Them.. United States 31 trillion Debt United Kingdom 8.73 trillion France 7.04 trillion Germany 6.46 trillion Japan 4.36 trillion China 2.64 trillion Italy 2.51 trillion Spain 2.26 trillion Canada 1.93 trillion Australia 1.83 trillion Switzerland 1.82 trillion Singapore 1.67 trillion Belgium 1.28 trillion Austria 757 billion Norway 721 billion Finland 136 billion India 620.7 billion
Making the country fully digital may help with tax collection as a lot of traders do not show QR codes for UPI payments . Collecting cash and not paying tax on these transactions is probably the main reason for low tax receipts
Indian taxation system is far more efficient compared to major players in the world. Due to this only the country can provide free medical service (without insurance), educational services and scholarships irrespective of caste, creed, sex, social status, race etc. Free medical services, I had a small tumor in my mouth and spent only 50 dollars to get it removed, along with medicines and blood reports, which is pretty impossible in any other country. Was treated with finest practitioners. In education, I work in govt. school where no fee is levied on any children apart from registration and examination fee, which is also around 10 to 15 dollars in 12 years of education, still some struggle to pay and we help them out. Free nutritious meal is provided to each and every child. Girls are provided with scholarships upto 300 to 400 dollars, so they don't face issue with availing education. Please tell me which other country does so much for their citizens.
A fine and informative video without any bias. Never knew that Japan has been such a big help for India’s economic growth. Talking about the taxation system, as a tax lawyer, I must say that india’s direct tax base is small and must expand to include the rural economy, especially the agricultural sector. But no government wants to bite that politically loaded bullet. India’s GST collection has been good. But by its inherent nature, indirect tax is iniquitous as its casts same burden on both the rich and the poor.
Personal taxation system must be simplified and the gov should cut down on exemptions. Also even though GST has made trade simpler still a lot of trade happens in black.
WE REJECT THE TERM "SOUTH asia". IT IS INDIAN SUBCONTINENT!! WHEN YOU SAY, "South asia" TO REFER TO INDIA, YOU ARE GEOGRAPHICALLY WRONG! INDIA IS ON A DIFFERENT TECTINIC PLATE ALL TOGETHER! ITS NOT YET INTEGRATED INTO THE EURASIAN PLATE! SOUTH OF ASIA IS TIBET, INTO WHICH THE INDIAN SUBCONTINENT IS STILL PUSHING AGAINST! WE CANNOT JUST CHANGE MILLIONS OF YEARS OF GEOGRAPHICAL HISTORY AND THE TRUTH NOW, BY CHANGING ITS NAME TO "South asia". ITS WRONG AND MUST CHANGE. IT IS "INDIAN SUBCONTINENT "
Debt is not an issue as of now. Currency devaluation is. But I guess government is taking steps that will help us out of that issue. One thing we must say, political stability and politicians' interest in national ambitions from 2014 is unprecedented.
US external debt is 31 trillions usd for 330 million population where as for india it's 620 billions for 1.4 billion . I think we should be worrying abt USA than India...
Statistics is a strange beast, sounds strange when mentioned out of context. Percentage of GDP, debt default if any ever, comparing the debt with data from similar economies would make more sense, or it will sound ridiculous like oxfam report
Good to see at least our neighbor country is doing well in the economy. India will be a super power and i beleive sri lankan Government will work more closely to get lateral benefits of it.
But the Economic Survey of India(Govt. Of India report) which dissects the Economy of the Country and Suggests the govt ( which are not mandatory suggestion) says that India Should go toward external Borrowing since taking internal debt may Crowd out the Private sector in India.
But their debt actually means nothing. Their debt is in their own domestic currency. They can print however many dollars as they want and get away with it and they have been doing it since the dawn of petro dollars. US dollars needs to be removed as global currency and then only USA debt problem will be fixed otherwise they are just gonna keep printing money causing recession in the entire world and this is why India is trying to create multilateral currency exchange through BRICS as an alternative to petro dollars.
@@shinemohans1423 bruh, we have like 600 billion dollars foreign reserves, and many of the loan times are more than 40 yeras, no prob for India. As till 2035 our economy will be more than 10 trillion dollars. So no prob
@@prakashtiwari8003 bruh, we have like 650 billion dollars foreign reserves, and many of the loan times are more than 40 yeras, no prob for India. As till 2035 our economy will be more than 10 trillion dollars. So no prob
@@mindset491 It's a fact that India is a poor country with very low GDP per capita and large unemployment is here yes but India is a growing economy but faster growing population also. Hence we need to grow much faster atleast double digits for more than a decade and government should focus on more employment generation through SMEs and reduce education cost and invest more on it.
Only 6% of Indians pay income tax. Farmers are all exempt from tax. As are all people in ‘tribal ‘ states. No matter their income ( which is sometimes massive- as evinced by the luxury cars bought by these farmers )
Jisse India ke purchasing power bhi badhati hai log consumer goods Jyada purchase kar pate hain Agar tax kam lagega to. Jise Ek Tu goods and service tax Jyada collect Ho pata hai aur dusra foreign companies bhi India mein establish Hoti Hai Kyunki unhen Bada market chahie Jahan Ki sales acchi Ho.
@@nishasrivastava441 but paise toh utne he dene honge na agar direct tax do like income tax toh apki income 30% kam ho jaigi toh kuch faida nahi hoga paise dono taraf se jaige purchasing power tabhi badegi jab gdp per capita badega plus consumer prices already india ke low hai india is the 3rd most cheapest country to live in after afghanistan and Pakistan
It is true that Indian economy is rising but it is almost a fact that Indian economic planning requires more and more precise calculations to manage it's stability over their economy. 👍
Very informative. Good job. Please come up with other videos like where is using its debt. Are the infrastructure projects debt ridden ? If so how much?
India's tax are high for Indians themselves. The problem is corruption. Local politicians and corporaters swindle money by duping 95% of all tenders. For every road, bridge(etc) that is built, 60% of the money is eaten up by these people through various entries.
Intrest to 80 percent internal debt goes to indian citizens .. This is great ...supperb .. And this is only way to continue...if you love your country and people
this debt is pretty normal not so big problem since years and years india has debt and india has handled it very good comparing to other country its way better and india can pay up it anytime
Lovely video... So good and explained very simple terms.... The taxation has to be fixed across the higher income segment more so rather than on income could be on purchase... Luxury attracts more tax.. Also track of money and transactions and more of digital India would help to fix the loop holes in taxation... India is perfectly trying to reduce the physical currency rotation in the country that too with higher denominations to fix the issue of money getting blocked with public or rich.....
The debt sustainability depends upon IRGD, which expands to Interest Rate Growth differential. If the GDP growth rate of an economy is greater than the interest rate on debt borrowed, then country has nothing has nothing to fear, which is true in case of India. Besides we have a handsome amount of foreign reserves to service the debt.
Its nothing compared to that of other european and east asian countries. In Debt to gdp ratio india is not even in top 15. So chill. Every country in the world takes debt for growth and other reasons. But how you manage it is important.
I see Way back how INDIA🇮🇳 become A Growing Nation from my Youth days, Then When Ex.PM CHANDRASEKAR (Non- Congress Govt ) Pledging Our Gold Reserves to IMF to Compensate CRR (Credit Reserve Ratio) [Think So] for India"s Economic Redeem! MODI Ji ' s Laudable Performance & Endeavourance to Sustain India's economic growth despite D global CRISIS around & Foreseeing the Fear of another 2008 Economic COUP fast - approaching Global!😓
Every country has some debts. Issue is whether money borrowed are invested properly n managed properly. I strongly belief Modi govt does it's level best. India will boom n over take China in 5 years.
India is not even 4 trillion Usd now. It has to be 16 trillion in 5 years to overtake China. That doesnt even include inflation yet. 1usd today is less value 5 years later. I'll come back to this comment 5 years to see how this comment age. Clearly godi media is more propaganda than China to have people think this is logically possible. This is worse brainwash than China. As usual the messenger will be attacked instead of trying to debate the message. India is set to overtake China this year.
@@apanaama3703 We need not rush to achieve. Remember the Hare n Tortoise story. Cool n calm, win the race. Yes we were slow n lagging behind China. It was Congress brain to screw Hindus. That ended n we will progress at a pace we are comfortable.
@@avishekbhattacharjee812 true, not in 5 years, but in 10-15 we've a high since the Chineese population has started sinking and the Chineese economic growth has gone to negative
The United States has the largest external debt in the world. The total number of U.S. Treasury securities held by foreign countries in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020. As of February 2022, total US federal government debt breached $30 trillion mark for the first time in history.
Countries with external debt wrt their gdp. - america - 121% U.k- 273% France - 253% Germany - 160% Italy - 141% Japan - 101% Australian- 130% and Philippines with - 27% and India - just 20% Some youtubers are nothing but merely a propaganda machine
Taxes are very high ... Income tax 10 to 30%, 28% gst, 250% petrol, diesel and lpg gas taxes, high inflation etc etc... 9.3% housing loan interest.... What else we have to pay? High school fees, expensive hospitals, road tax + toll tax.. Too much burden on common salaried people.
Tax in india is contrary paid by only 2% of population bud and that inc all tax filing with most not even paying anything by end of it Gst is not flat 28%, only 12 things or items fall in that slab Also 9.3% loan u say is high but u know same time banks give upto 7% on savings, in US people used to get loans at 4% ( not 6.5 to 7) when their savings was giving .01 % intrest and high savings account used to max give 1.5%
@@hiteshadhikari except air, everything is taxed in india. Every citizen is paying tax in India. They said one nation one tax, but we pay huge amount of taxes(multiple) and we don't know what they do with that huge amount... No clear data is revealed on the expenses
@@gpremkumar2015 1st does ur dumbass know the difference between direct tax and indirect tax? 2nd yes gst is one nation one tax, the gst has actually reduced tax even with 28% slab on items as it has combined 15 taxes like vats, ed, custom etc etc etc into one which is same all over india hence now no tax on goods from 1 to other state. Most items fall in the 12 to 18% section not 28 3rd gst is distributed into sgst and cgst which is state share 50% and then central 50 %, out of cgst the state then again gets 70% of it too if you know Also all data is published but i am sure u never bothered to search but cry foul always, from expenditure to deficit to ext and int debt, all data is given in public sources and to int bodies
Due to the high import duties, GST and other taxes the government is able to generate a good amount of revenue to pay back it's internal debt lenders. This is what my opinion is.
In march 2023 india's external debt is 613 billion dollar and its forex reserve in april 2023 is 585 billion dollars a difference of 28 billion dollars so we can say India is in a safe hands plus India's foreign remittance is 100 billion dollars a year....so India is in a better position and very strong position
I'm Indian and dislike china a lot and I'm fully aware of the debt trap policy but whennit comes to our neighbours, even if china never interacted with them, they'd be in the exact same position as they're in now..... Especially in Pakistan's case, they'd have gone bankrupt even sooner without china keeping them afloat like they were during the pandemic
India's external debt isn't an issue and most probably it will never be an issue in the near future. It has reduced from 24% of the GDP(2014) to 20%(2021). But the real problem is the debt of some Indian States and in times of freebie culture in India, the situation is very precarious.
What happened to the massive IMF loan that india took in the 70s-80s that almost led to bankruptcy in the 90s.? Rupee got devalued a lot after that debt.
Out of 209 countries, only 28 countries has better external debt to GDP ratio than India 19.5%. Only 1 is Major economy, that's China 14.5%. Other Major economies are 100%. Our long term debt is from Japan and World Bank. We had $640 billion Before 2022 loan payment, after which we are left with $550 Billion. Which is more than enough for 20 month worth import.
India is a most stable country compare to other country every country have debt even usa or China and every country have external date USA issue Bond but compare to India India have very strong service sector and now India grow in manufacturing India have independent for in policy be take cheap oil from Russia India's growth rate is high basically this debt give fuel to our economy
People tend to forget india has $220 billions debts of NRI apart from corporate debts from pvt banks mostly from JICA for 40yrs at intrest of @ 0.5 percent ( intrest free loans) Thanks!
Mr RUclipsr, according to "StudyIQ IAS"- latest video, just 3 months earlier - means at September end of 2022, India's external debts only 2.95℅ of total GDP (3.5T) approximately. So external debts according to above mentioned you tube channel - 105 Billions. Can you please try to told us that which one is right?
Thanks, I too was curious and concerned about our debt issue. With the issue so well explained, hats off. Our situation isn't that grim. We can still be optimistic.
India's external debt is an insiginficant risk to the economy. But do you think the country will eventually borrow more in the future? Let us know down below!
Yes india will borrow more money to build more infrastructure
why is this comment 1 month old?
@@rizkyadiyanto7922 RUclips ☕
Indian government's Revenue is around 300billiion now compare it with its debt.
India is the fastest growing economy , India has a big young population ,
India was slow , But we are strong as elephants.
Japan is heavily investing in India because it knows those investments will reap benefits and most projects invested are profitable ventures. I don't think India will face any issue in managing debt repayments.
I follow your channel sir great info and infra of india :) thanks for the content
Exactly, by the way I religiously follow your content on india development projects. Big shout out to you bro. 🙏
Bro ur channel is one of the best Channel on RUclips!
Yo JD bhai...
I remember when they investments in delhi metro I believe it's have been repayed
External debt and foreign reserves are well balanced in India.
617 billion USd debt vs 600 billion USD foreign reserves.
It's less than 20% of GDP.
Some loans have payment period of more than 40 years.
No trouble for Indian economy
$300 billions is the amont removable from share Indian market is a big concern, how ever changing to EVS will stop loss of petro dollars in future.
@@Polestar828 the digitization played a key role here and privatization of Bank will help too .. atleast 5 banks must be public and remaining can be private .. I think Indians debt is not a big deal for us .. just look at its purchasing power damn its 11 trillion dollars ..
India extenal debt is much less compared to internal debt. Once India achieve positive BOP economy will be become much better.
Bro this dude just wants some content.
India already paid 200Billion $ loan in 2022
Japan has invested in the largest infra projects in India. We are really grateful.
and still no progress.
Did the japanese feel the same?
@@azuaraikrezeul1677 Pakistani bot
@@redeunuch2989
We don't know
@@azuaraikrezeul1677
Great progress, who said no progress?
While all other South Asian Countries and Other countries were trying to borrow from china.
India decided no to , instead it sticked with it ally Japan. That gave India upperhand of stability and trust .
Because these debts from japan has no strings attached
China will never lend India😂😂😂
interest rates are very low on Japanese loans and the repayment period is usually 50 years. Japan charges 0.05% - 0.75% interest on loans. For a growing economy, this is not even comparable to a peanut as paying these loans becomes easier and easier as the nation progresses. In return Japan enjoys trade benefits in India.
@@foodscrazy9229 lol. They will. Without giving debt to Outside, China cannot develop wealth.
@@prakashkaruppasamy3708 😂😂 damn liar ,then how they got developed first place , but that's how Indians trying to build wealth, bullying and lending, stay for the smash
@@foodscrazy9229 sir, you dont know a thing then. China is trying so hard to put its money in india , but its the indian govt that has been trying to block it. Weather it be loans for big projects or tenders
Japan has a lot of capital but not enough labour. So they decided to use their capital to invest on profitable projects in friendly countries like India and USA to then get good returns.
However the labour shortage is still a big issue in Japan
For that your country will have to ease the process of immigration. Historically, Japan has been reluctant to do that.
@@avishekbhattacharjee812
We see whats happening in Europe and we don't want that in Japan.
Foreign educated professionals might get citizenship and many people already come from southeast asia to Japan for labour intensive work.
@@uzochiokeke4328 Yes that is true. Unfiltdredimmigration must be avoided. Specially from muslim countries.
@@avishekbhattacharjee812 haa nahi to waha bhi minority ka rona royege ye abdul😁
@@harshaggarwal1918 if you read history after world war 2 they are really friendly to one another
Indian external debt is 650 b usd 16% gdp
Indian Foreign reserves 600 b usd 15% gdp
Its not bad,
Only 53% of the Indian external debt is denominated in the USD (which means 53% of the external debt is to be paid in the USD), only 4.5% in Euro, and the rest in the Indian Rupee (32%), Japanese Yen (5.6%) and some other currencies.
External debt isn't a big concern for India. India can payoff external debts with forex reserve.
Now external debt has fallen to 617 billion USD. I checked it in RBI's website
@@nickraja17 Hello, where can I find that report of RBI!!?
@@nickraja17 no issue .. due to dollar strengthening ..rbi used 40 billion or 60 I guess .. to stable the ruppee value
Indian foreign reserve is 561 billion USD
Indian govt is intelligent enough to ensure debt won't turn out into dept trap. So most of our external debts are either from financial institutions or from friendly countries. With a rapid economic growth those debts would be paid back on time. Peace ✌️
Most political person are criminal !
Says an Indian lol
@@DippinSauc average westerner who can't handle India's rise
@@Churanthaba-e3r is that so ? LOL
@@DippinSauc from my point i think ur being racist and thinking India is what it was 20 years ago this is new India not old India where it would abide by your western laws we have our own opinion and if u don't wanna agree to it so be it.
Btw how's your school shootings? Heard they got some good aim to target kids lol
In short..India is probably the least affected Major economy from a debt crisis which makes it a rising star and a super power in the making 🇮🇳🎉🎉🎉
Thank you for stating factual truth, not many Western countries like UK etc want India to grow as they have sense of hatred and colonial mindset towards India. Appreciate when someone rip through the propaganda and tells the truth about India
Top 5 Debt Nation,, USA 31 Trillion USD, Germany 6.46 Trillon USD, France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in ListIndia is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
Top 5 Debt Nation,, USA 31 Trillion USD, Germany 6.46 Trillon USD, France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in ListIndia is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
@@nationalist3227the west believes all the good stuff in life is their and only their monopoly. What can you really expect from a race who loved trading live human beings as slaves.
Summary of the video: what is internal and external debt.
Points mention:
• india has more domestic debt than external debt.
• there is nothing to worry about the indian debt as it is one of the lowest in the world.
• due to the rapid growth of indian economy, japan, us, uk, germany , france without hesitation invests in india.
• due to massive expantion of indian economy , the interest on those debts are easily paid by the government of India.
• one thing which india has to fix is its taxation system.
End of video.
Why the video was made if the
indian debt is completely normal?
---- you know the answer .😏
Ohhh!!! 😅😂
Views
To acknowledge that we are in strong place.
Very well summarised bro.. 👏🏻👌🏻
Nailed it
India's external debt is below 19% and keeps on decreasing. It's not bad or good
Its good until it stay below 19%
Plzz share the data from where r u quoting which u did now
Is there authnic news portal ro share rhe actual mews
Top 5 Debt Nation,, USA 31 Trillion USD, Germany 6.46 Trillon USD, France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in ListIndia is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
For your notice Yeah Indian taxation has become better in recent times after the coming GST older tax systems have been removed and govt revenue has been increased significantly
LOL, GST hasnt lived up to the expectations yet. And yet you advertise it as a success.
@@prashanthb6521 yes it is not that good it has flaws but it is better than previous systems and tax collection to 1.4 trillion ruppes
@@prashanthb6521 what you call that
Agreed
@@akhileshpatro8707 thanks man
India's Population &Economy both a big. India's Debt will increase in the future as Indian Govt is working on Improving India's Infrastructure
It won't happen BTW as Asset Monetization is happening parallely with infrastructure creation and secondly India is raising Infra funds through InViTs and National Pension funds and other innovative methods
India already has world's largest Highway network and railway network
@@daipayanbhowal8914 CCP's China has the world's largest network of railway tracks installed including the HSR network. Any other country in the world dwarfs infront of Ccp's track network.
@@varun2250 Nope. US is the one with the largest railway network size. China is a distant second and India is fourth. If you however consider HSR then China is the first.
@@gowtham0706 Isn't a major part of US rail network dedicated only for Freight trains ? Correct me if I'm wrong
@@varun2250 yes indeed. Majority of US, Canada, Australia and Russian tracks are for freight only. If we consider only passenger transport then China and India comes first. China in the length of rail network and India in the number of passengers transported (I guess around 8 billion per year)
I am from Assam, India.My state government has also large debt but these debts are being used in industrialization.
Yes you have Bogibeel bridge 😀😀
@@uzochiokeke4328 yes.but that's not built by state government
bhai what industrialization projects are being carried out there?
@@newtanagmukhopadhyay4716 new Rocket launching site
@@newtanagmukhopadhyay4716 India's First Multi-modal Storage facility hub,Three huge bridges for Act-East Asian Policy,,Tech-city, science City,many other other almost 13+ overbridges In Guwahati
It would interesting to know the external debt to GDP ratio of US, UK, China and Germany.
UK ~270%
Germany ~170%
US ~ 105%
China lower than 50%
@@jirachi-wishmaker9242 you know China, what kind of government it is.. it's made up, not actual data.
Top 5 Debt Nation,,
USA 31 Trillion USD,
Germany 6.46 Trillon USD,
France 7.04 Trillion UDS, UK 8.73 Trillion,, Debt where as india is 17th in List,, India is Stable nation with 2650 Billion Dollar Gold as reserve which is 3rd Highest in the World, Stable POlitical Party, Peaceful nation, Constantly 7.5% GDP,, india Can Easliy manage
@@nilaypatel1971 it's usa internal debt or external debt
Great video! Taxation is definitely one of the biggest issue. The same people are taxed multiple times when majority are roaming Scott free.
I think now everyone is paying tax somehow eventually due to buying habits
You are very right. Biggest tax evaders are land mafia who are well connected to all political parties
It's a difficult topic for me, but it helps me study.
If the normal women of India just put in 25% of the gold they possess, even major economies can be bought. That is the power of India
Keep parroting facts from whatsapp university till reality hits.
@@prashanthb6521 It is not from Whatsapp uni. It is from Indiatimes. Indian women hold 11% of world gold. Pakistanis in disguise do not agree to facts
@@prashanthb6521 jali na😄 aise hi jalte reh
@@prashanthb6521 Hi pakistani
Jali na teri
Normal women? How about abnormal women then?
It is ( Indian Subcontinent) not south asia.
Indian subcontinent plate is separated from Gondwana land & merge with eurasian plate.
I hate to be in south asia as every country around us is unstable and only India is in good position but this vision of south asia being poor and unstable degrades the image of India
in addition to your point, an even bigger risk is the spillover effect of having failed economies as our neighbours. even if we as indian citizens do everything right, tomorrow if pakistan collapses then there will be huge burden on our taxpayers as crores of people will cross the border into india to escape. already bangladeshi infiltration is a joke thanks to tmc in wb. and we are paying the price.
@Reeshi Tas with family like these, who needs enemies?!
But we can't do anything about our geography... unfortunately 😭
Well actually Pakistan is the major problem.... because Bangladesh is doing fine ....Sri Lanka hopefully becomes stable with our help ...Bhutan is just Bhutan and fine ....Nepal has some issues too but they are controllable
@@d1p70 yes youa re right
We are in a situation to repay the money. The thing is we require money to develop our self more. We are not the same country which was before 20 years.
Many states (ruled by non-BJP) going back to the Old Pension Scheme is a bad move and will bankrupt their respective states. If more states do this, the country might go bankrupt.
India is good till BJP is in power more specifically modi. Social security schemes are good but if they're not sustainable its a net loss for everyone. Look at the European economies.
India has two types of taxes in place, one is the direct tax that people pay out of their revenue and the other is the indirect tax which is charged to corporations and they are passed down to the public. So, even though about 99% of the population does not pay the tax directly, they do end up paying a considerable amount by the way of indirect taxes.
UK has 3T USD national debt with 3T USD GDP, compared to indian only 620B against 3.5T GDP + massive growth + young population. India's macro has been managed much better than many other developed countries as most of their privileges are funded by nothing but debts.
And what’s the population of UK and India - best not to compare apples with oranges.
@@adhirajjoglekar exactly the reason why mr.sunak is begging for the free trade agreement.🤣 #MentallyConlised
@@soudipsanyal Cheers your comment says a lot about your understanding of the subject - when people are clueless they talk about everything but the actual subject matter.
@@adhirajjoglekar suck the white coks ✌️
External Debt Of These Countries Is More Than Their GDP.. So India Is Far Better Than Them..
United States 31 trillion Debt
United Kingdom 8.73 trillion
France 7.04 trillion
Germany 6.46 trillion
Japan 4.36 trillion
China 2.64 trillion
Italy 2.51 trillion
Spain 2.26 trillion
Canada 1.93 trillion
Australia 1.83 trillion
Switzerland 1.82 trillion
Singapore 1.67 trillion
Belgium 1.28 trillion
Austria 757 billion
Norway 721 billion
Finland 136 billion
India 620.7 billion
External debt 620 Billion
Foreign reserves more or less 600 Billion
Perfectly balanced 😬
In 2022 aug it's 680 billion dollars 🥲
Making the country fully digital may help with tax collection as a lot of traders do not show QR codes for UPI payments . Collecting cash and not paying tax on these transactions is probably the main reason for low tax receipts
Debt is not problem, its the way that money is spend which determine whether its bane or boon
Indian taxation system is far more efficient compared to major players in the world. Due to this only the country can provide free medical service (without insurance), educational services and scholarships irrespective of caste, creed, sex, social status, race etc. Free medical services, I had a small tumor in my mouth and spent only 50 dollars to get it removed, along with medicines and blood reports, which is pretty impossible in any other country. Was treated with finest practitioners. In education, I work in govt. school where no fee is levied on any children apart from registration and examination fee, which is also around 10 to 15 dollars in 12 years of education, still some struggle to pay and we help them out. Free nutritious meal is provided to each and every child. Girls are provided with scholarships upto 300 to 400 dollars, so they don't face issue with availing education. Please tell me which other country does so much for their citizens.
A fine and informative video without any bias. Never knew that Japan has been such a big help for India’s economic growth.
Talking about the taxation system, as a tax lawyer, I must say that india’s direct tax base is small and must expand to include the rural economy, especially the agricultural sector. But no government wants to bite that politically loaded bullet. India’s GST collection has been good. But by its inherent nature, indirect tax is iniquitous as its casts same burden on both the rich and the poor.
Personal taxation system must be simplified and the gov should cut down on exemptions. Also even though GST has made trade simpler still a lot of trade happens in black.
WE REJECT THE TERM "SOUTH asia". IT IS INDIAN SUBCONTINENT!! WHEN YOU SAY, "South asia" TO REFER TO INDIA, YOU ARE GEOGRAPHICALLY WRONG! INDIA IS ON A DIFFERENT TECTINIC PLATE ALL TOGETHER! ITS NOT YET INTEGRATED INTO THE EURASIAN PLATE! SOUTH OF ASIA IS TIBET, INTO WHICH THE INDIAN SUBCONTINENT IS STILL PUSHING AGAINST! WE CANNOT JUST CHANGE MILLIONS OF YEARS OF GEOGRAPHICAL HISTORY AND THE TRUTH NOW, BY CHANGING ITS NAME TO "South asia". ITS WRONG AND MUST CHANGE. IT IS "INDIAN SUBCONTINENT "
Yes it's Indian subcontinent not south asia these people should learn that
Debt is not an issue as of now. Currency devaluation is. But I guess government is taking steps that will help us out of that issue. One thing we must say, political stability and politicians' interest in national ambitions from 2014 is unprecedented.
Exactly. Our first worry is rupees devaluation .
It's not called borrowing it's a foreign investment.
Foreign investment are more dangerous as they can pull out anytime. For example stocks
@@thavamt1776 it's not it's have documents
US external debt is 31 trillions usd for 330 million population where as for india it's 620 billions for 1.4 billion . I think we should be worrying abt USA than India...
The USA borrows from its own people if I'm correct
Statistics is a strange beast, sounds strange when mentioned out of context. Percentage of GDP, debt default if any ever, comparing the debt with data from similar economies would make more sense, or it will sound ridiculous like oxfam report
India is bigger economy then UK but india have only 500-600billion $ while UK have 7.4Trillion $
For your information UK forex reserve is 182 Billion $.
Good to see at least our neighbor country is doing well in the economy. India will be a super power and i beleive sri lankan Government will work more closely to get lateral benefits of it.
But the Economic Survey of India(Govt. Of India report) which dissects the Economy of the Country and Suggests the govt ( which are not mandatory suggestion) says that India Should go toward external Borrowing since taking internal debt may Crowd out the Private sector in India.
Meanwhile US with 32 trillion dollars debt:- "......."
But their debt actually means nothing. Their debt is in their own domestic currency. They can print however many dollars as they want and get away with it and they have been doing it since the dawn of petro dollars. US dollars needs to be removed as global currency and then only USA debt problem will be fixed otherwise they are just gonna keep printing money causing recession in the entire world and this is why India is trying to create multilateral currency exchange through BRICS as an alternative to petro dollars.
They can print as many as they want. Since, all their debt is in US dollar. So nothing to worry.
Idiot blaming someone won't pay our debts 🥴
@@shinemohans1423 bruh, we have like 600 billion dollars foreign reserves, and many of the loan times are more than 40 yeras, no prob for India. As till 2035 our economy will be more than 10 trillion dollars. So no prob
@@prakashtiwari8003 bruh, we have like 650 billion dollars foreign reserves, and many of the loan times are more than 40 yeras, no prob for India. As till 2035 our economy will be more than 10 trillion dollars. So no prob
USA external debt - $31 trillions
USA GDP - $24 trillions
India external debt - $600 billions
India GDP - $4 trillions
Which country more balanced 🤔 🤣
India is so poor
@@xyz_internet wait for some more years and decades ... India 🇮🇳 GDP will pass everyone 😀
@@xyz_internet kid you have misconception
Better go n do some research...don't follow propoganda channel and info
@@xyz_internet Do you know Maths? Do you know how to count?
@@mindset491 It's a fact that India is a poor country with very low GDP per capita and large unemployment is here yes but India is a growing economy but faster growing population also. Hence we need to grow much faster atleast double digits for more than a decade and government should focus on more employment generation through SMEs and reduce education cost and invest more on it.
It's manageable, and it's only 18-20% to GDP Ratio . Also, it will be reduced soon due to high economic growth.
Thank you, this was very informative and cleared my confusion. All news talks about this that articles but without explanation or mechanism of it..
Modi 💪🏾🇮🇳
Only 6% of Indians pay income tax. Farmers are all exempt from tax. As are all people in ‘tribal ‘ states. No matter their income ( which is sometimes massive- as evinced by the luxury cars bought by these farmers )
But they pay indirect taxes
@@electro_editsss yes
Jisse India ke purchasing power bhi badhati hai log consumer goods Jyada purchase kar pate hain Agar tax kam lagega to. Jise Ek Tu goods and service tax Jyada collect Ho pata hai aur dusra foreign companies bhi India mein establish Hoti Hai Kyunki unhen Bada market chahie Jahan Ki sales acchi Ho.
@@nishasrivastava441 but paise toh utne he dene honge na agar direct tax do like income tax toh apki income 30% kam ho jaigi toh kuch faida nahi hoga paise dono taraf se jaige purchasing power tabhi badegi jab gdp per capita badega plus consumer prices already india ke low hai india is the 3rd most cheapest country to live in after afghanistan and Pakistan
They pay GST on everything literally
It is true that Indian economy is rising but it is almost a fact that Indian economic planning requires more and more precise calculations to manage it's stability over their economy. 👍
Our Reserve Bank + the Govt takes care of the debt very nicely and we are proud of how the country is taken care of.
India is in great Debt of how many lakh crores rupees. Thanks to Modi Ji
@@Jinxykookindian external debt is lowest in growing economies dummy
We have forex reserves higher than debt which is in itself a statement
Very informative. Good job. Please come up with other videos like where is using its debt. Are the infrastructure projects debt ridden ? If so how much?
India's external debt can be managed it is very less but usa's external debt is 31 trillion plus dollars
India's tax are high for Indians themselves. The problem is corruption. Local politicians and corporaters swindle money by duping 95% of all tenders. For every road, bridge(etc) that is built, 60% of the money is eaten up by these people through various entries.
Intrest to 80 percent internal debt goes to indian citizens ..
This is great ...supperb ..
And this is only way to continue...if you love your country and people
America dept is 31Trillion US dollar
UK dept is 8.73 Trillion dollar and additionally the "looted" money of 45Trillion us dollar to India 🇮🇳
Misleading thumbnail title
Instead of using south Asia, you should use Indian subcontinent.
No, it means India is smart because value of the dollar is shrinking due to inflation.
3:21 Singapore .it's not 47% it is 471% . which is almost 5× gdp
These people from the West are horrible in Maths 🤣
this debt is pretty normal not so big problem since years and years india has debt and india has handled it very good comparing to other country its way better and india can pay up it anytime
So what we understood is that India does not have huge debt and this video is just a click bait to attract Indian viewers
Yes ...i seriously get worried...about what is going on here
Lovely video... So good and explained very simple terms.... The taxation has to be fixed across the higher income segment more so rather than on income could be on purchase... Luxury attracts more tax.. Also track of money and transactions and more of digital India would help to fix the loop holes in taxation... India is perfectly trying to reduce the physical currency rotation in the country that too with higher denominations to fix the issue of money getting blocked with public or rich.....
Per the table shown in this video, Singapore's External debt to GDP ratio is 471% and not 47%. So it's not triple of India's, it's way more than that.
There is nothing called South Asia - it is INDIAN CONTINENT.
The debt sustainability depends upon IRGD, which expands to Interest Rate Growth differential.
If the GDP growth rate of an economy is greater than the interest rate on debt borrowed, then country has nothing has nothing to fear, which is true in case of India.
Besides we have a handsome amount of foreign reserves to service the debt.
Its nothing compared to that of other european and east asian countries.
In Debt to gdp ratio india is not even in top 15. So chill.
Every country in the world takes debt for growth and other reasons. But how you manage it is important.
Respect to you sir..🙏
Really deep Information.
I see Way back how INDIA🇮🇳 become A Growing Nation from my Youth days, Then When Ex.PM CHANDRASEKAR (Non- Congress Govt ) Pledging Our Gold Reserves to IMF to Compensate CRR (Credit Reserve Ratio) [Think So] for India"s Economic Redeem!
MODI Ji ' s Laudable Performance & Endeavourance to Sustain India's economic growth despite D global CRISIS around & Foreseeing the Fear of another 2008 Economic COUP fast - approaching Global!😓
Huh ? Is this another hit job on India ?
Economically India is the only bright spot.
Every country has some debts. Issue is whether money borrowed are invested properly n managed properly. I strongly belief Modi govt does it's level best. India will boom n over take China in 5 years.
Mathematically not possible
India is not even 4 trillion Usd now. It has to be 16 trillion in 5 years to overtake China. That doesnt even include inflation yet. 1usd today is less value 5 years later. I'll come back to this comment 5 years to see how this comment age. Clearly godi media is more propaganda than China to have people think this is logically possible. This is worse brainwash than China. As usual the messenger will be attacked instead of trying to debate the message.
India is set to overtake China this year.
@@apanaama3703 We need not rush to achieve. Remember the Hare n Tortoise story. Cool n calm, win the race. Yes we were slow n lagging behind China. It was Congress brain to screw Hindus. That ended n we will progress at a pace we are comfortable.
@@avishekbhattacharjee812 true, not in 5 years, but in 10-15 we've a high since the Chineese population has started sinking and the Chineese economic growth has gone to negative
The video content and editing was soo good that I didn't even realise that it's not a video by 'economics explained'
I was thinking about the same 🫡
The United States has the largest external debt in the world. The total number of U.S. Treasury securities held by foreign countries in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020. As of February 2022, total US federal government debt breached $30 trillion mark for the first time in history.
Countries with external debt wrt their gdp. - america - 121%
U.k- 273%
France - 253%
Germany - 160%
Italy - 141%
Japan - 101%
Australian- 130% and Philippines with - 27% and
India - just 20%
Some youtubers are nothing but merely a propaganda machine
So you just made a CLICKBAIT title ?
Taxes are very high ... Income tax 10 to 30%, 28% gst, 250% petrol, diesel and lpg gas taxes, high inflation etc etc... 9.3% housing loan interest.... What else we have to pay?
High school fees, expensive hospitals, road tax + toll tax..
Too much burden on common salaried people.
Tax in india is contrary paid by only 2% of population bud and that inc all tax filing with most not even paying anything by end of it
Gst is not flat 28%, only 12 things or items fall in that slab
Also 9.3% loan u say is high but u know same time banks give upto 7% on savings, in US people used to get loans at 4% ( not 6.5 to 7) when their savings was giving .01 % intrest and high savings account used to max give 1.5%
@@hiteshadhikari except air, everything is taxed in india. Every citizen is paying tax in India.
They said one nation one tax, but we pay huge amount of taxes(multiple) and we don't know what they do with that huge amount... No clear data is revealed on the expenses
@@gpremkumar2015 1st does ur dumbass know the difference between direct tax and indirect tax?
2nd yes gst is one nation one tax, the gst has actually reduced tax even with 28% slab on items as it has combined 15 taxes like vats, ed, custom etc etc etc into one which is same all over india hence now no tax on goods from 1 to other state. Most items fall in the 12 to 18% section not 28
3rd gst is distributed into sgst and cgst which is state share 50% and then central 50 %, out of cgst the state then again gets 70% of it too if you know
Also all data is published but i am sure u never bothered to search but cry foul always, from expenditure to deficit to ext and int debt, all data is given in public sources and to int bodies
@@gpremkumar2015 jo ye muft m khana, dawai aur sab mil raha h na subsidy m, tumhare america waale chacha k bank se nahi aata h
@@hiteshadhikari I don't speak Hindi. I can understand English...
We r not shrilanka or a pakistan ...
still a low income developing country lolol
@@Kevin-fq3zh yes low income.... But improving day by day ....
@@aniket_027 💯
@@aniket_027 💯
@@aniket_027 what improvements? defecating in the middle of the street?hahahahaha
Due to the high import duties, GST and other taxes the government is able to generate a good amount of revenue to pay back it's internal debt lenders. This is what my opinion is.
Indians have a habit of saving. Always have. It’s why we tide through extremely trying times.
Indian forex was at 650 billion few months back if required to pay we can pay debt in 1-2 year,our economy doing well
In march 2023 india's external debt is 613 billion dollar and its forex reserve in april 2023 is 585 billion dollars a difference of 28 billion dollars so we can say India is in a safe hands plus India's foreign remittance is 100 billion dollars a year....so India is in a better position and very strong position
Mean while us debt is more than $31T💀
That's nothing for USA since all their debt is in US dollar. They can just print the dollar of debt amount whenever they want.
After bbc, suddenly i am seeing such contents which disparage india.
LoL
😀
our desi liberals love these type of videos and articles
3:19 its 471% buddy
EXCELLENT ANALYSIS AND INFORMATION BEST WISHES
I'm Indian and dislike china a lot and I'm fully aware of the debt trap policy but whennit comes to our neighbours, even if china never interacted with them, they'd be in the exact same position as they're in now..... Especially in Pakistan's case, they'd have gone bankrupt even sooner without china keeping them afloat like they were during the pandemic
India's external debt isn't an issue and most probably it will never be an issue in the near future. It has reduced from 24% of the GDP(2014) to 20%(2021).
But the real problem is the debt of some Indian States and in times of freebie culture in India, the situation is very precarious.
What happened to the massive IMF loan that india took in the 70s-80s that almost led to bankruptcy in the 90s.?
Rupee got devalued a lot after that debt.
We have paid that every debt have a deadline
USA hitting debt ceiling of 31.4 trillion and hundreds of trillion in unfunded obligation,
"Everything is fine"
Indian subcontinent NOT South Asia..
It's impossible because Japan is the largest Debt country but it has developed
Yesss
Correction this year india paid back 280 billion dollars
Out of 209 countries, only 28 countries has better external debt to GDP ratio than India 19.5%.
Only 1 is Major economy, that's China 14.5%. Other Major economies are 100%.
Our long term debt is from Japan and World Bank.
We had $640 billion Before 2022 loan payment, after which we are left with $550 Billion. Which is more than enough for 20 month worth import.
Debt from China to countries > @6%
Debt from Japan to India @1% interest
India is a most stable country compare to other country every country have debt even usa or China and every country have external date USA issue Bond but compare to India India have very strong service sector and now India grow in manufacturing India have independent for in policy be take cheap oil from Russia India's growth rate is high basically this debt give fuel to our economy
People tend to forget india has $220 billions debts of NRI apart from corporate debts from pvt banks mostly from JICA for 40yrs at intrest of @ 0.5 percent ( intrest free loans)
Thanks!
Mr RUclipsr, according to "StudyIQ IAS"- latest video, just 3 months earlier - means at September end of 2022, India's external debts only 2.95℅ of total GDP (3.5T) approximately. So external debts according to above mentioned you tube channel - 105 Billions. Can you please try to told us that which one is right?
Thanks, I too was curious and concerned about our debt issue. With the issue so well explained, hats off. Our situation isn't that grim. We can still be optimistic.
Loved your analysis ❤️
Hiii Love From India ❤️❤️😍🇮🇳😊😊😊
Lawak
Hello👋
@@Kane_2001 hiiiii
@@Kane_2001 pe lawak
Madarsa mindset kid
Bharat (India ) has one of the lowest external debt.
& has enough forex to balance its existing debt.
India is following similar systems as China in money management but it is little different.
Very informative, unfortunately many people in India don't understanding it. Lastly good work
India has just 600 billion dollar debt which is just 20% Of GDP. While China and USA have more than 60 %
Indian government's Revenue is around 300billiion usd now compare it with its debt.
Try to differentiate between government and total country