World Bank loan to India, International Debt Statistics from 1970-2016: #IBRD #Hindustan360

In current days there are only two topics going across India, Stop Modi and Modi government haven’t done anything. Haven’t achieved anything and still India is taking loan from World Bank for development and other things, Petrol prices are hiking, no good governance and bla bla. For those people I have something to share. View more at #Hindustan360.

Just for fact and your general knowledge:
1. In the history, India have paid the loan amount just two times, once under the PM. Haradanahalli Doddegowda Deve Gowda governance and other under the PM. Narendra Modi governance
2. Loan paid under PM. Narendra Modi governance USD 890,459,000
3. Loan paid under PM. Haradanahalli Doddegowda Deve Gowda USD 31,881,000
4. Maximum loan taken USD 8,859,227,000 under PM. Manmohan Singh governance
5. Earlier the loan taken is for the Development and Reconstruction, but only PM. Atal Bihari Vajpayee have taken loan for the Defence strengthening
If any doubt checkout with the Wiki, World bank and other trust-able resources

View complete stats and article on my blog
India became independent in 1947. Starting from the 1947 when the National Congress Party was the one of the only biggest party ruling India. From that time India was under the loan but the data available on the World Bank is from 1970 onward. See how much amount India have taken on loan and how much have been paid. Also, see who have paid the loan and under whose government. See the time line for the loan taken and the loan amount with respect to that time. Don’t go with the numbers only, make sense with the time also.
Sharing that exact Loan amount, time, loan taken, loan taken by the ruling government and under the governance of which prime minister. Data taken from International Bank for Reconstruction and Development a part of World Bank Group.

Leave a Reply