“India’s debt to GDP ratio figures is in line with that of Sri Lanka.”
What FACTLY found
While it is true that Sri Lanka’s total debt as a percentage of GDP is high and even surpassed 100%, India’s total national debt as a percentage of GDP figures is not as high as claimed in the post. From 2016-17 to 2020-21 India’s overall national debt as a percentage of GDP is hovering around 50%. Although the debt position of the nation is much lower than the claim made in the post, if we include the debt of all the states, the debt position is in line with the claim
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 6 April 2022. FACTLY (India) looked into it and published its finding on 7 April 2022, 1 day later. Its rating was “MISLEADING”.
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.