The writer has pointed out that during the year 1990-1991, Interest Payment Liability which was Rs. 21,000 crores has increased to Rs.1,23,000 crores and debt has been increased from Rs. 3,00,000 crores to Rs.15,000 lac crores within ten years. The Finance-Minister is also duty bound while incurring debts to the future-generation.

The writer would like to quote, a Sample Pledge by Allen Tough in his well known book "Critical Questions about the Future" in which he has initiated following Pledge No. 1 :-

Pledge No.1

"I care about the well-being of future generations. Their needs are just as important as those of today. When I am making a major choice in my own life, when I am facing a significant ethical or moral question, and when I am involved in policy-making or decision-making, I take into account the needs of the next two or three generations. No short-term or narrow goals should be allowed to jeopardize our long-term future. My choices support the principle of equal opportunity for each future generation, their opportunities and well-being should not be less than ours."