Why are all my BJP friends in a tizzy because of my remark? Yes, our economy is doing well but India's overall debt is not a happy occurrence. Foolish of anyone to defend this! It's embarrassing for a scientist to explain commonsensical economics but here goes (pardon rough and approx figures as writing on the go):
1. IndiaтАЩs public debt is not some тВ╣270 lakh crore irrelevant figure; the Centre alone owes about тВ╣201 lakh crore. Add the states and general-government debt is over 80% of GDP, far above the old FRBM ceilings of 40% (Centre) and 60% (Centre plus states) that were supposed to be hit by FY25. Interest already takes 40% of the CentreтАЩs revenue; the FY27 bill is budgeted above тВ╣14 lakh crore. That is not a footnote. It is the first charge on every tax rupee.
2. The Centre has at least tried to put a share of borrowing into capex. The states have not, uniformly. A growing slice of state borrowing is paying for salaries, power subsidies and unconditional cash transfers; twelve states alone set aside about тВ╣2 lakh crore for women-centric cash schemes in FY26, not for assets that service the debt. Several high-debt states are, in effect, borrowing to give money away.
3. India is not America. It has no reserve currency, a still-narrow income-tax base, and cannot roll deficits the way the dollar can. Most of the debt is domestic and rupee-denominated, so this is not a classic external-debt crisis. It is a compound-interest and politics problem. Fast nominal growth can shrink the ratio for a while; it cannot indefinitely outrun a 40% interest-to-revenue claim plus election giveaways.
4. If growth slows, the interest bill, state deficits and crowding-out of private credit will produce something problematic: higher real rates, less room for capex, and a fiscal vise that closes just when the next shock arrives.
5. So let us be sensible. Praise the govt for its good policies and be critical of the things that are not right and need to be set right.
6. And @pradip103 and @MumbaichaDon, my brothers, I don't do monkey balancing. And I don't make reels as I am not on Instagram, never have been. So please don't get personal - arguments are never won through getting personal.
7. But I never mind personal barbs from my RW and BJP friends because they are friends and their heart is in the right place. But I do get embarrassed by the eagerness of some of them to make a fool of themselves publicly at times! Cheers and have a great weekend.
8. WDTP
Reservations: Where We Came From, Where We Stand, What Must Change
My detailed analysis, featuring a five-point formula as an overarching solution acceptable to every rational Indian:
Indian political Twitter is not a place where truth is examined calmly. It is a wrestling pit where people first hunt for your camp and only then decide whether to hear you.
The day your words suit one tribe, they crown you their own. The day you question their favorite lie, they throw you into the rival camp without blinking. Not because your principles changed, but because their comfort did.
That is the real disease of this age. People do not want clarity. They want endorsement. They do not want honesty. They want echoes. And when someone refuses to become either a full time bhakt of one side or a certified cheerleader of the other, both camps grow restless.
That is why I no longer care for their tired labels of right wing or left wing. My wing is Dharmik. It stands where truth stands, where fairness stands, where adharma is called out no matter whose flag is wrapped around it. And that terrifies people in Kaliyug, because a person who cannot be purchased by group loyalty cannot be easily controlled.
Hardliners especially cannot digest this. Their politics survives on emotional addiction, not intellectual integrity. They need every voice to be chained to a side, because an independent mind is a threat to every scripted narrative.
And then come the foul players, daily. The derailers. The bait throwers. The professional distorters. The ones who cannot defeat your point, so they attack your intent. They cannot answer your argument, so they manufacture your identity. They cannot face truth, so they try to exhaust the one speaking it.
But truth does not become false because party workers panic. And dharma does not become weaker because trolls foam at the mouth.
In times like these, being unloved by both extremes is often the cleanest proof that you have refused to kneel before either.