Pakistan Space Agency
Elite Member
I wonder if that growth rate is enough to counter India's $2.4 trillion debt?
General Economic Updates
- Thread starter Sainthood 2.0
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Rationale
Registered Member
Most of India's government debt is denominated in Indian rupees. The government can always print enough to pay it off.I wonder if that growth rate is enough to counter India's $2.4 trillion debt?
Mighty_Dragon_Strike
Trusted Member
no bro..... with contraction, any growth would'nt count!
because contraction itself is quite contradictory to growth!
that is the problem with percentages!
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Pakistan Space Agency
Elite Member
Pay it off then along with the $736 external debt.
Pakistan Space Agency
Elite Member
So you can't tell the difference between year-on-year monthly decline for August compare to year-on-year increase from July and August?
Let me simply it for you:
- What were the total exports for combined months of July and August 2024?
- What are the total exports for combined months of July and August 2025?
Hint.
Rationale
Registered Member
It gets paid off regularly according to the maturity schedule. We don't need to go to the IMF for bailouts every few years.
By the way, less than 40 bn of Indian govt debt is in foreign currency. The rest of the external debt is owed by non -govt borrowers.
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Pakistan Space Agency
Elite Member
$736 billion - External Government debt.
$2.4 trillion - External and Internal Government debt.
$3.1 trillion - External and Internal, Government and non-Government debt.
Of course India does not have to go to the IMF as the West have their financial tap fully opened to India. What happens when the tooti closes?
Rationale
Registered Member
Fake news. That is the total external debt. India issues hardly any foreign debt because it has no need to.
Pakistan Space Agency
Elite Member
I got the fake news from the Indian Government website.
I'll be honest, we don't pay much attention to India's ballooning external debt.
99.9% of the Pakistani people don't even know India has any external debt let alone $736 billion as of March 2025.
Rationale
Registered Member
You must be either blind or stupid or both. According to the document you yourself have uploaded, the total external debt of the govt is 6.18 lakh crores INR which is around 70 billion USD. This must include some legacy loans and non-traded liabilities . Sovereign bonds outstanding are about 40 bn dollars.
Pakistan Space Agency
Elite Member
There's no need for personal attacks.
Just asked ChatGPT to calculate 181 lakh core.
Fatman17
Moderator
Keep it clean. Warning
Rationale
Registered Member
Ask it to do the same for 6.18 lakh crores INR, which is the EXTERNAL govt debt that according to you is over 700 billon USD.
Mighty_Dragon_Strike
Trusted Member
dont look at debt, look at the causes
you will realize, whats on the books is just a fraction of what is about to unfold!
Rationale
Registered Member
That is just a BS statement with no facts and no logic.
