Every Indian would have to pay over Rs 22,000 if he or she is asked to share the central government's total liabilities, which are expected to touch Rs 24,73,562 crore this financial year.In 1990-91, the average debt of each Indian stood at around Rs 3,500 when the population of the country was around 900 million and the central government liabilities stood at Rs 3,14,558 crore. Sixteen years on, the population has swelled to around 1.12 billion, and the government's outstandings to Rs 24,73,562 crore as of 2006-07.The Economic Survey tabled in the Parliament today noted that total outstandings of the central government included Rs 23,96,846 crore internal liabilities and Rs 76,716 crore external outstanding.During the 10th Five Year Plan (2002-07), average annual rate of growth of outstanding liabilities at 12.6% has been marginally higher than nominal GDP growth of 12.5%.
