“India’s debt is increased steeply from US$ 296 billion in 2014 to US$ 486 billion in 2018.”
Social media posts
Claim dated 9 Jul 2020.
FACTLY rated thisFALSE
What FACTLY found
According to the Ministry of Finance data, the total outstanding debt of India by 31 March 2014 is US$ 929.6 billion, whereas by 31 March 2018, it stood at US$ 1265.7 billion. It saw a gradual increase during these years like in the UPA years.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 9 July 2020. FACTLY (India) looked into it and published its finding on 9 July 2020. Its rating was “FALSE”.
Where the claim appeared
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.