Source: India Needs $233B in Next 11 Years To Buy Weapons

[c-dome1]

As of March 2016, it stands at approximately CN¥ 28 trillion (US$ 4.3 trillion), equivalent to about 41% of GDP.

Even i am not good with mathematics but , China GDP was USD 11.4 trillion. and it's debt were USD 4.3 trillion. so how is it 250% of their GDP ? care to explain ?

http://nationalinterest.org/blog/the-buzz/chinas-not-so-great-wall-debt-28-trillion-counting-18537

 

[RealNapster]

http://nationalinterest.org/blog/the-buzz/chinas-not-so-great-wall-debt-28-trillion-counting-18537

 

[Cyberian]

also add 360 billion reserve to it

I know. That's why I said, India can add it to it's $485 billion external debt.

 

[c-dome1]

national debt Measured percentege of gdp

 

[Storm Force]

Dress this up any way you want but simply 235 billion over 11 years to the sixth largest gdp in the world is very modest

Indian defense budget is only two percent

Compare Pakistan a virtual bank rupt poor nation spending almost four percent in a arns race with India ten times richer

 

[Kailash Rava]

Do you know my profession and experience .

Why the hell would I care.

He is "The ACCOUNTANT"

 

[proud_indian]

You can just add that to India's growing $485 billion external debt.

Brother I agree that India's debt is not much worrisome as of now however, comparing it with China is stupidity .. CHina's economy is 5 time bigger than yours so debt as a percentage of GDP is small ... Furthermore, reserves of China are huge both in comparison to India and China's own debt ... So please dont make irrelevant comaprison ..

As of March 2016, it stands at approximately CN¥ 28 trillion (US$ 4.3 trillion), equivalent to about 41% of GDP.

Even i am not good with mathematics but , China GDP was USD 11.4 trillion. and it's debt were USD 4.3 trillion. so how is it 250% of their GDP ? care to explain ?

You guys missed the real thing

Look at the budget deficit of India

within few years it will be in positive