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Date : Oct 08, 2008

Table 162 : India’s External Debt – Rupees

(End - March)
(Rupees crore)
Item / Year				1991	1992	1993	1994	1995	1996	1997	1998
1				2	3	4	5	6	7	8	9
I.	Multilateral			40386	68262	77758	82199	89819	98173	105066	116904

A.	Government borrowing			38429	63787	72286	75617	82223	89428	94824	104218

	i)	Concessional		25849	40990	48206	50250	55963	60425	63418	70560

		a)	IDA	25221	40017	47167	49238	54897	59349	62343	69392

		b)	Others #	628	973	1039	1012	1066	1076	1075	1168

	ii)	Non-concessional		12580	22797	24080	25367	26260	29003	31406	33658

		a)	IBRD	12161	21134	21602	22518	22442	23721	24354	25438

		b)	Others ##	419	1663	2478	2849	3818	5282	7052	8220

B.	Non-Government borrowing			1957	4475	5472	6582	7596	8745	10242	12686

	i)	Concessional		0	0	0	0	0	0	0	0

	ii)	Non-concessional		1957	4475	5472	6582	7596	8745	10242	12686

		a)	Public sector	303	1424	1777	2786	3248	4628	4738	8765

			IBRD	303	962	1300	2158	2013	2942	3341	5217

			Others ##	0	462	477	628	1235	1686	1397	3548

		b)	Financial institutions	1270	2345	2883	2718	2559	2464	2391	2171

			IBRD	872	1720	1791	1667	1605	1643	1618	1011

			Others ##	398	625	1092	1051	954	821	773	1160

		c)	Private sector	384	706	812	1078	1789	1653	3113	1750

			IBRD	330	628	709	953	1610	1244	1639	1321

			Others	54	78	103	125	179	409	1474	429

II.	Bilateral			27378	47603	50258	54580	63761	65740	62891	67104

A.	Government borrowing			23065	40371	42220	45387	52965	53119	49092	51420

	i)	Concessional		23065	40371	42220	45387	52965	52078	48165	50583

	ii)	Non-concessional		0	0	0	0	0	1041	927	837

B.	Non-Government borrowing			4313	7232	8038	9193	10796	12621	13799	15684

	i)	Concessional		514	928	1243	1453	1896	3088	3409	1770

		a)	Public sector	0	0	0	190	654	376	1054	192

		b)	Financial institutions	514	928	1243	1263	1242	2712	2355	1578

		c)	Private sector	0	0	0	0	0	0	0	0

	ii)	Non-concessional		3799	6304	6795	7740	8900	9533	10390	13914

		a)	Public sector	2957	4472	4726	5475	6120	5602	5216	5360

		b)	Financial institutions	527	1236	1571	1718	1883	2197	2436	4216

		c)	Private sector	315	596	498	547	897	1734	2738	4338

III.	International Monetary Fund			5132	8934	14985	15812	13545	8152	4714	2622

IV.	Trade		credit	8374	12418	13484	16307	20876	18432	21044	25783

	a)	Buyers’ credit		2230	3566	3989	5474	6227	7216	11184	15433

	b)	Suppliers’ credit		933	1380	2050	4129	6432	5382	4791	5453

	c)	Export credit component of bilateral credit		1390	2428	3671	3947	4604	4529	4189	4399

	d)	Export credit for defence purposes		3821	5044	3774	2757	3613	1305	880	498

TABLE 162 : INDIA’S EXTERNAL DEBT - RUPEES
(End - March) (Contd.)
(Rupees crore)
Item / Year			1991	1992	1993	1994	1995	1996	1997	1998
1			2	3	4	5	6	7	8	9
V.	Commercial borrowings		19727	35711	36367	38782	40915	47642	51454	67086

	a)	Commercial bank loans	13200	20933	20156	18694	18384	23120	29968	39419
	b)	Securitized borrowings	5840	13219	13990	16557	16935	19790	17320	23786
		(inclu. IDBs and FCCBs) $
	c)	Loans/securitized borrowings, etc. with	687	1512	2105	2430	2998	3050	3521	3451
		multilateral/bilateral guarantee and IFC(W)
	d)	Self liquidating loans	0	47	116	1101	2598	1682	645	430

VI.	NRI & FC(B&O) deposits		20030	27384	34941	39729	39006	37802	39527	47050
	(above one-year maturity)

VII.	Rupee debt *		25199	31956	33149	31634	30315	28150	26978	23204
	a)	Defence	22875	28796	30177	28735	27603	25602	24590	20976
	b)	Civilian +	2324	3160	2972	2899	2712	2548	2388	2228

VIII.	Total long-term debt (I to VII)		146226	232268	260942	279043	298237	304091	311674	349753

IX.	Short-term debt		16775	20642	19804	11375	13448	16637	24153	19929
	a)	NRI deposits @	7018	6517	8131	4078	7176	9896	13547	8657
		(up to 1 year maturity)
	b)	FC (B&O) deposits
		(up to 1 year maturity)	328	924	2433	1672	0	0	0	0
	c)	Trade related Credits	9429	13201	9240	5625	6272	6741	10606	11272
		1) 6 months and above upto 1 year	4453	8463	3639	5625	6272	6741	10606	11272
		2) Upto 6 Months	4976	4738	5601	0	0	0	0	0
	d)	FII Investmentin Govt T Bills & other
		instruments	0	0	0	0	0	0	0	0

X.	Gross total		163001	252910	280746	290418	311685	320728	335827	369682
	Concessional debt		45.9	44.8	44.5	44.4	45.3	44.7	42.2	39.5
	As % of total debt
	Short term debt		10.2	8.3	7.0	3.9	4.3	5.4	7.2	5.4
	As % of total debt
	Debt indicators:
	Debt stock - GDP ratio (%)		28.7	38.7	37.5	33.8	30.8	27.0	24.6	24.3
	Debt service ratio (%)		35.3	30.2	27.5	25.4	25.9	26.2	23.0	19.5
	(For fiscal year)
	(Including debt servicing on non-civilian credits)

TABLE 162 : INDIA’S EXTERNAL DEBT - RUPEES
(End - March) (Contd.)
(Rupees crore)
Item / Year				1999	2000	2001	2002	2003	2004	2005	2006	2007	2008
1				10	11	12	13	14	15	16	17	18	19
I.	Multilateral			129682	137132	145105	155633	142683	131105	138897	145503	154053	157181

A.	Government borrowing			114531	120321	127886	138023	129727	120073	127782	133800	141746	143961

	i)	Concessional		78979	84051	89008	96177	102559	101490	105114	105852	108448	106901

		a)	IDA	77725	82721	87753	94848	101122	100065	103671	104457	107019	105459

		b)	Others #	1254	1330	1255	1329	1437	1425	1443	1395	1429	1442

	ii)	Non-concessional		35552	36270	38878	41846	27168	18583	22668	27948	33298	37060

		a)	IBRD	25747	25343	26376	28012	19069	14074	16500	19626	21864	22526

		b)	Others ##	9805	10927	12502	13834	8099	4509	6168	8322	11434	14534

B.	Non-Government borrowing			15151	16811	17219	17610	12956	11032	11115	11703	12307	13220

	i)	Concessional		0	0	0	0	0	0	0	0	0	0

	ii)	Non-concessional		15151	16811	17219	17610	12956	11032	11115	11703	12307	13220

		a)	Public sector	10716	12183	12386	12729	9255	7916	8000	8510	9315	10307

			IBRD	6349	6931	7114	7298	4378	4402	4462	4594	4550	4669

			Others ##	4367	5252	5272	5431	4877	3514	3538	3916	4765	5638

		b)	Financial institutions	2723	3099	3368	3736	3177	2902	2789	2628	2414	2341

			IBRD	1057	999	1017	1049	525	381	252	630	655	590

			Others ##	1666	2100	2351	2687	2652	2521	2537	1998	1759	1751

		c)	Private sector	1712	1529	1465	1145	524	214	326	565	578	572

			IBRD	1312	1173	1148	929	298	0	0	0	0	0

			Others	400	356	317	216	226	214	326	565	578	572

II.	Bilateral			74304	79278	74519	74762	79921	77084	74530	70302	70019	78428

A.	Government borrowing			57106	60920	56802	56302	60243	58121	57458	54593	53810	59117

	i)	Concessional		56425	59380	55504	55418	59688	57742	57207	54468	53810	59117

	ii)	Non-concessional		681	1540	1298	884	555	379	251	125	0	0

B.	Non-Government borrowing			17198	18358	17717	18460	19678	18963	17072	15709	16209	19311

	i)	Concessional		2738	4022	5579	6885	8013	8876	7471	6949	1727	1729

		a)	Public sector	526	1488	2962	4278	5152	5759	5653	5285	1241	1220

		b)	Financial institutions	2212	2534	2617	2607	2861	3117	1818	1664	486	509

		c)	Private sector	0	0	0	0	0	0	0	0	0	0

	ii)	Non-concessional		14460	14336	12138	11575	11665	10087	9601	8760	14482	17582

		a)	Public sector	5197	4752	3715	4822	5116	4851	4353	3628	7420	10031

		b)	Financial institutions	4363	4151	3568	3708	3571	3119	2847	2386	3828	3724

		c)	Private sector	4900	5433	4855	3045	2978	2117	2401	2746	3234	3827

III.	International Monetary Fund			1218	113	0	0	0	0	0	0	0	0

IV.	Trade credit			28812	29564	27625	26110	23750	20553	21976	24175	30740	41051

	a)	Buyers’ credit		18097	18734	17336	16147	13421	11061	13040	16088	23127	32860

	b)	Suppliers’ credit		5532	5582	5401	5144	5139	4471	3961	3351	2934	3050

	c)	Export credit component of		4905	5165	4828	4819	5190	5021	4975	4736	4679	5141

		bilateral credit

	d)	Export credit for defence purposes		278	83	60	0	0	0	0	0	0	0

TABLE 162 : INDIA’S EXTERNAL DEBT - RUPEES
(End - March) (Concld.)
(Rupees crore)
Item / Year			1999	2000	2001	2002	2003	2004	2005	2006	2007	2008
1			10	11	12	13	14	15	16	17	18	19

V.	Commercial borrowings		89019	86963	113839	113908	106843	95611	115533	117991	181602	247986

	a)	Commercial bank loans	43892	44015	46169	48683	46929	50346	62896	73508	108045	160507
	b)	Securitized borrowings	41464	39564	64769	62714	57495	41567	48992	41112	68036	81428
		(inclu. IDBs and FCCBs) $
	c)	Loans/securitized borrowings, etc.	3430	3271	2901	2511	2419	3698	3645	3371	5521	6051
		with multilateral/bilateral guarantee
		and IFC(W)
	d)	Self liquidating loans	233	113	0	0	0	0	0	0	0	0

VI.	NRI & FC(B&O) deposits		50048	59120	77273	83712	110022	135618	143267	161834	179788	174623
	(above one-year maturity)
VII.	Rupee debt *		20077	19218	17345	14807	13405	11856	10071	9184	8485	8062
	a)	Defence	18004	17290	15573	13198	11946	10539	8887	8112	7510	7173
	b)	Civilian +	2073	1928	1772	1609	1459	1317	1184	1072	975	889

VIII.	Total long-term debt (I to VII)		393160	411388	455706	468932	476624	471827	504274	528989	624687	707331

IX.	Short-term debt		18137	17162	16919	13396	22180	19251	77528	87155	115008	177185
	a)	NRI deposits @
		(up to 1 year maturity)	8852	5983	4463	4724	9320	1321	0	0	0	0
	b)	FC (B&O) deposits
		(up to 1 year maturity)	0	0	0	0	0	0	0	0	0	0
	c)	Trade related Credits	9285	11179	12456	8672	12860	17930	71173	86531	113276	174582
		1) 6 months and above upto 1 year	9285	11179	12456	8672	12860	17930	32922	38788	52188	91501
		2) Upto 6 Months	0	0	0	0	0	0	38251	47743	61088	83081
	d)	FII Investmentin Govt T Bills & other
		instruments	0	0	0	0	0	0	6355	624	1732	2603

X.	Gross total		411297	428550	472625	482328	498804	491078	581802	616144	739695	884516
	Concessional debt		38.5	38.9	35.4	35.9	36.8	36.1	33.1	31.2	23.3	19.9
	As % of total debt
	Short term debt		4.4	4.0	3.6	2.8	4.5	3.9	13.3	14.1	15.5	20.0
	As % of total debt
	Debt indicators:
	Debt stock - GDP ratio (%)		23.6	22.0	22.5	21.1	20.3	17.8	18.5	17.2	17.8	18.8
	Debt service ratio (%)		18.7	17.1	16.6	13.7	16.0	16.1	6.1	9.9	4.8	5.4
	(For fiscal year)
	(Including debt servicing on non-civilian credits)
# : Refers to Debt Outstanding to Institutions like IFAD, OPEC & EEC (SAC) ## : Refers to Debt Outstanding againota loans form ADB. $ : Includes net Investment by 100% Fll debt funds, Resurgent India Bonds (RIBs) and India Millenium Deposits (IMDs). @ : Figures include accrued interest. * : Debt owed to Russia denominated in Rupees and converted at current exchange rates, payable in exports + : Includes Supplier’s credit from end-March 1990 onwards FCCBs : Foreign Currency Convertible Bonds. IFC(W) : International Finance Corporation (Washington) FC(B&O) : Foreign Currency (Banks & Others) Deposits. Note : 1. Multilateral loans do not include revaluation of IBRD pooled loans and exchange rate adjustment under IDA loans for Pre-1971 credits. 2. Debt- service ratio from the year 1992 - 93 includes the revised private transfer contra-entry on account of gold and silver imports. Source : : External Debt Management Unit, Ministry of Finance and Reserve Bank of India.