Crossword Genius

Nation in debt is ashamed, initially (5)

Ross

I believe the answer is:

india

'nation' is the definition.
(India is an example)

'in debt is ashamed initially' is the wordplay.
'initially' says to take the initial letters.
The first letters of 'debt is ashamed' is 'dia'.
'in'+'dia'='INDIA'

(Other definitions for india that I've seen before include "I identified on radio" , "home to her Mumbai family" , "Country of Gandhi" , "Major sub-continent of Asia" , "South Asian country" .)

I've seen this clue in The Sun and The Times.
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