India’s national debt has crossed ₹225 lakh crore, says Minister Santosh Lad

MLA Santosh Lad. File | Photo Credit: Allen Egenuse J.

Indian economy was consistently growing under the leadership of former PM Manmohan Singh. But under PM Narendra Modi, it is on a downward spiral, Santosh Lad, Minister and Congress leader, said in Hubballi on Sunday (October 11, 2026).

“India has seen 15 PMs since independence. But till 2014, our national debt stood at roughly 55 lakh crore rupees. But now, it has escalated to over 225 lakh crore rupees. We have to question why the current leaders have failed to address this problem,’’ he said. He was speaking at a campaign meeting for Mohan Limbikai, the Congress nominee for West Graduates’ constituency Legislative Council elections.