Even seen the balance sheets of telcos in India. They are drowning in it and very soon it would become unserviceable. In NPA (non performing assets) India is among top 5 in the world and recently beat Italy on this dubious distinction. When all government owned banks write off this money, it is taxpayers who will be footing the bill.

> Healthcare is dirt cheap and very good.

That's news to me because afaik it is damn expensive for the income level in India.