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

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

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

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.

1947-1964 (16 years, 286 days of INC government – 15 August 1947 to 27 May 1964 – PM. Jawaharlal Nehru)

* No loan data available by World Bank

1964-1964 (13 days of INC government – 27 May 1964 to 9 June 1964 – PM. Gulzarilal Nanda {acting})

* No loan data available by World Bank

1964-1966 (1 year, 216 days of INC government – 9 June 1964 to 11 January 1966 – PM. Lal Bahadur Shastri)

* No loan data available by World Bank

1966-1966 (13 days of INC government – 11 January 1966 to 24 January 1966 – PM. Gulzarilal Nanda {acting})

* No loan data available by World Bank

1966-1977: IBRD loans and IDA credits (DOD, current US$) on India during the 11 years, 59 days of INC government – PM. Indira Gandhi (24 January 1966 to 24 March 1977)

* stats available only for 1970-1977, no data available before 1970 (by World Bank)
World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 01,561,578,000
End loan = USD 04,132,513,000
Loan taken = USD 02,570,935,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1977&start=1966&view=chart&year_high_desc=true

1977-1979: IBRD loans and IDA credits (DOD, current US$) on India during the 2 years, 126 days of Janata Party government – PM. Morarji Desai (24 March 1977 to 28 July 1979)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 04,132,513,000
End loan = USD 04,969,917,000
Loan taken = USD 00,837,404,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1980&start=1979&view=chart&year_high_desc=true

1979-1980: IBRD loans and IDA credits (DOD, current US$) on India during the 170 days of Janata Party (Secular) government – PM. Charan Singh (28 July 1979 to 14 January 1980)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 04,969,917,000
End loan = USD 05,604,957,000
Loan taken = USD 00,635,040,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1980&start=1979&view=chart&year_high_desc=true

1980-1984: IBRD loans and IDA credits (DOD, current US$) on India during the 4 years, 291 days of INC government – PM. Indira Gandhi (14 January 1980 to 31 October 1984)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 05,604,957,000
End loan = USD 08,998,449,000
Loan taken = USD 03,393,492,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1989&start=1984&view=chart&year_high_desc=true

1984-1989: IBRD loans and IDA credits (DOD, current US$) on India during the 5 years, 32 days of INC government – PM. Rajiv Gandhi (31 October 1984 to 2 December 1989)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 08,998,449,000
End loan = USD 16,962,366,000
Loan taken = USD 07,963,917,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1989&start=1984&view=chart&year_high_desc=true

1989-1990: IBRD loans and IDA credits (DOD, current US$) on India during the 343 days of Janata Dal government – PM. Vishwanath Pratap Singh (2 December 1989 to 10 November 1990)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 16,962,366,000
End loan = USD 19,116,595,000
Loan taken = USD 02,154,229,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1990&start=1989&view=chart&year_high_desc=true

1990-1991: IBRD loans and IDA credits (DOD, current US$) on India during the 223 days of Samajwadi Janata Party government – PM. Chandra Shekhar (10 November 1990 to 21 June 1991)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 19,116,595,000
End loan = USD 20,650,182,000
Loan taken = USD 01,533,587,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1991&start=1990&view=chart&year_high_desc=true

1991-1996: IBRD loans and IDA credits (DOD, current US$) on India during the 4 years, 330 days of INC government – PM. Pamulaparti Venkata Narasimha Rao (21 June 1991 to 16 May 1996)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 20,650,182,000
End loan = USD 25,439,995,000
Loan taken = USD 04,789,813,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1996&start=1991&view=chart&year_high_desc=true

1996-1996 (16 days of BJP government formed but latter collapsed)

No data available for 16 days

1996-1997: IBRD loans and IDA credits (DOD, current US$) on India during the 324 days of Janata Dal government – PM. Haradanahalli Doddegowda Deve Gowda (1 June 1996 to 21 April 1997)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 25,439,995,000
End loan = USD 25,408,114,000
Loan taken = USD -00,031,881,000 (this loan amount paid to World Bank & no loan taken)
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1997&start=1996&view=chart&year_high_desc=true

1997-1998: IBRD loans and IDA credits (DOD, current US$) on India during the 332 days of Janata Dal (United Front) government – PM. Inder Kumar Gujral (21 April 1997 to 19 March 1998)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 25,408,114,000
End loan = USD 26,112,534,000
Loan taken = USD 00,704,420,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=1998&start=1997&view=chart&year_high_desc=true

1998-2004: IBRD loans and IDA credits (DOD, current US$) on India during the 6 years, 64 days of BJP government – PM. Atal Bihari Vajpayee (19 March 1998 to 22 May 2004)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 26,112,534,000
End loan = USD 28,379,250,000
Loan taken = USD 02,266,716,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=2004&start=1998&view=chart&year_high_desc=true

2004-2014: IBRD loans and IDA credits (DOD, current US$) on India during the 10 years, 4 days of INC government – PM. Manmohan Singh (22 May 2004 to 26 May 2014)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
Initial loan = USD 28,379,250,000
End loan = USD 37,238,477,000
Loan taken = USD 08,859,227,000
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=2014&start=2004&view=chart&year_high_desc=true

2014-2016: IBRD loans and IDA credits (DOD, current US$) on India during the 2 years of BJP government – PM. Narendra Modi (26 May 2014 to current)

World Bank loan to India, International Debt Statistics from 1970-2016: IBRD #Hindustan360 #DograsWeblog via Nishant Dogra
* stats available only for 2014-2016 (by World Bank)
Initial loan = USD 37,238,477,000
End loan = USD 36,348,018,000
Loan taken = USD -00,890,459,000 (this loan amount paid to World Bank & no loan taken)
https://data.worldbank.org/indicator/DT.DOD.MWBG.CD?end=2016&start=2014&view=chart&year_high_desc=true

That’s why i support BJP (Bharatiya Janata Party)
President: Amit Shah
Founder: Syama Prasad Mukherjee
Prime Minister: Narendra Damodardas Modi
Former Prime Minister: Atal Bihari Vajpayee

IBRD loans and IDA credits (DOD, current US$) 2016 – World Bank

Resources used:
Wikipedia: https://en.wikipedia.org/wiki/List_of_Prime_Ministers_of_India
World Bank: https://data.worldbank.org/

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