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Date : Sep 16, 2013

Table 158 : India’s External Debt - Rupees (end-March)

(` Billion)
Item	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004
1	2	3	4	5	6	7	8	9	10	11
I. Multilateral	898.19	981.73	1050.66	1169.04	1296.82	1371.32	1451.05	1556.33	1426.83	1311.05
A. Government Borrowing	822.23	894.28	948.24	1042.18	1145.31	1203.21	1278.86	1380.23	1297.27	1200.73
i) Concessional	559.63	604.25	634.18	705.60	789.79	840.51	890.08	961.77	1025.59	1014.90
a) IDA	548.97	593.49	623.43	693.92	777.25	827.21	877.53	948.48	1011.22	1000.65
b) Others	10.66	10.76	10.75	11.68	12.54	13.30	12.55	13.29	14.37	14.25
ii) Non-concessional	262.60	290.03	314.06	336.58	355.52	362.70	388.78	418.46	271.68	185.83
a) IBRD	224.42	237.21	243.54	254.38	257.47	253.43	263.76	280.12	190.69	140.74
b) Others	38.18	52.82	70.52	82.20	98.05	109.27	125.02	138.34	80.99	45.09
B. Non-Government Borrowing	75.96	87.45	102.42	126.86	151.51	168.11	172.19	176.10	129.56	110.32
i) Concessional	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ii) Non-concessional	75.96	87.45	102.42	126.86	151.51	168.11	172.19	176.10	129.56	110.32
a) Public Sector	32.48	46.28	47.38	87.65	107.16	121.83	123.86	127.29	92.55	79.16
IBRD	20.13	29.42	33.41	52.17	63.49	69.31	71.14	72.98	43.78	44.02
Others	12.35	16.86	13.97	35.48	43.67	52.52	52.72	54.31	48.77	35.14
b) Financial Institutions	25.59	24.64	23.91	21.71	27.23	30.99	33.68	37.36	31.77	29.02
IBRD	16.05	16.43	16.18	10.11	10.57	9.99	10.17	10.49	5.25	3.81
Others	9.54	8.21	7.73	11.60	16.66	21.00	23.51	26.87	26.52	25.21
c) Private Sector	17.89	16.53	31.13	17.50	17.12	15.29	14.65	11.45	5.24	2.14
IBRD	16.10	12.44	16.39	13.21	13.12	11.73	11.48	9.29	2.98	0.00
Others	1.79	4.09	14.74	4.29	4.00	3.56	3.17	2.16	2.26	2.14
II. Bilateral	637.61	657.40	628.91	671.04	743.04	792.78	745.19	747.62	799.21	770.84
A. Government Borrowing	529.65	531.19	490.92	514.20	571.06	609.20	568.02	563.02	602.43	581.21
i) Concessional	529.65	520.78	481.65	505.83	564.25	593.80	555.04	554.18	596.88	577.42
ii) Non-concessional	0.00	10.41	9.27	8.37	6.81	15.40	12.98	8.84	5.55	3.79
B. Non-Government Borrowing	107.96	126.21	137.99	156.84	171.98	183.58	177.17	184.60	196.78	189.63
i) Concessional	18.96	30.88	34.09	17.70	27.38	40.22	55.79	68.85	80.13	88.76
a) Public Sector	6.54	3.76	10.54	1.92	5.26	14.88	29.62	42.78	51.52	57.59
b) Financial Institutions	12.42	27.12	23.55	15.78	22.12	25.34	26.17	26.07	28.61	31.17
c) Private Sector	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ii) Non-concessional	89.00	95.33	103.90	139.14	144.60	143.36	121.38	115.75	116.65	100.87
a) Public Sector	61.20	56.02	52.16	53.60	51.97	47.52	37.15	48.22	51.16	48.51
b) Financial Institutions	18.83	21.97	24.36	42.16	43.63	41.51	35.68	37.08	35.71	31.19
c) Private Sector	8.97	17.34	27.38	43.38	49.00	54.33	48.55	30.45	29.78	21.17
III. International Monetary Fund	135.45	81.52	47.14	26.22	12.18	1.13	0.00	0.00	0.00	43.81
IV. Trade Credit	208.76	184.32	210.44	257.83	288.12	295.64	276.25	261.10	237.50	205.53
a) Buyers Credit	62.27	72.16	111.84	154.33	180.97	187.34	173.36	161.47	134.21	110.61
b) Suppliers Credit	64.32	53.82	47.91	54.53	55.32	55.82	54.01	51.44	51.39	44.71
c) Export Credit Component of Bilateral Credit	46.04	45.29	41.89	43.99	49.05	51.65	48.28	48.19	51.90	50.21
d) Export Credit for Defence Purpose	36.13	13.05	8.80	4.98	2.78	0.83	0.60	0.00	0.00	0.00
(Continued)

TABLE 158 : INDIA’S EXTERNAL DEBT - RUPEES (End-March) (Contd.)
(` Billion)
Item	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004
1	2	3	4	5	6	7	8	9	10	11
V. Commercial Borrowing	409.15	476.42	514.54	670.86	890.19	869.63	1138.39	1139.08	1068.43	956.11
a) Commercial Bank Loans	183.84	231.20	299.68	394.19	438.92	440.15	461.69	486.83	469.29	503.46
b) Securitized Borrowings (inclu. IDBs and FCCBs)	169.35	197.90	173.20	237.86	414.64	395.64	647.69	627.14	574.95	415.67
c) Loans/Securitized Borrowings etc. with Multilateral/Bilateral Guarantee and IFC(W)	29.98	30.50	35.21	34.51	34.30	32.71	29.01	25.11	24.19	36.98
d) Self Liquidating Loans	25.98	16.82	6.45	4.30	2.33	1.13	0.00	0.00	0.00	0.00
VI. NRI & FC(B&O) Deposits	390.06	378.02	395.27	470.50	500.48	591.20	772.73	837.12	1100.22	1356.18
VII. Rupee Debt	303.15	281.50	269.78	232.04	200.77	192.18	173.45	148.07	134.05	118.56
a) Defence	276.03	256.02	245.90	209.76	180.04	172.90	155.73	131.98	119.46	105.39
b) Civilian	27.12	25.48	23.88	22.28	20.73	19.28	17.72	16.09	14.59	13.17
VIII. Total Long-term Debt (I to VII)	2982.37	3040.91	3116.74	3497.53	3931.60	4113.88	4557.06	4689.32	4766.24	4762.08
IX. Short-term Debt	134.48	166.37	241.53	199.29	181.37	171.62	169.19	133.96	221.80	192.51
a) NRI Deposits (up to 1 year maturity)	71.76	98.96	135.47	86.57	88.52	59.83	44.63	47.24	93.20	13.21
b) FC (B&O) Deposits ( up to 1 year maturity)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
c) Trade related credits	62.72	67.41	106.06	112.72	92.85	111.79	124.56	86.72	128.60	179.30
1) Up to 6 Months	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2) 6 Months and Above up to 1 Year	62.72	67.41	106.06	112.72	92.85	111.79	124.56	86.72	128.60	179.30
d) FII Investments in Govt. T Bills and Other Instruments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
e) Investments in Treasury Bills by Foreign Central Banks and International Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
f) External Debt Liabilities of (i+ii)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
i) Central Bank	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ii) Commercial Bank	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
X. Gross Total Debt	3116.85	3207.28	3358.27	3696.82	4112.97	4285.50	4726.25	4823.28	4988.04	4954.59
Concessional Debt as % of Total Debt	45.30	44.70	42.20	39.50	38.50	38.90	35.40	35.90	36.80	35.80
Short-term Debt as % of Total Debt	4.30	5.40	7.20	5.40	4.40	4.00	3.60	2.80	4.50	3.90
Debt Stock- GDP Ratio (%)	30.80	27.00	24.60	24.30	23.60	22.00	22.50	21.10	20.30	18.00
Debt Service Ratio (%)	25.90	26.20	23.00	19.50	18.70	17.10	16.60	13.70	16.00	16.10

TABLE 158 : INDIA’S EXTERNAL DEBT – RUPEES (End-March) (Contd.)
(` Billion)
Item	2005	2006	2007	2008	2009	2010	2011	2012	2013
1	12	13	14	15	16	17	18	19	20
I. Multilateral	1388.97	1455.03	1540.53	1579.01	2014.25	1934.36	2166.72	2570.88	2795.97
A. Government Borrowing	1277.82	1338.00	1417.46	1446.27	1819.97	1707.22	1903.26	2225.79	2356.71
i) Concessional	1051.14	1058.52	1084.48	1073.95	1277.71	1160.46	1206.53	1386.91	1431.30
a) IDA	1036.71	1044.57	1070.19	1059.47	1261.27	1145.52	1190.68	1368.16	1411.19
b) Others	14.43	13.95	14.29	14.48	16.44	14.94	15.85	18.75	20.11
ii) Non-concessional	226.68	279.48	332.98	372.32	542.26	546.76	696.73	838.88	925.40
a) IBRD	165.00	196.26	218.64	226.31	299.48	288.74	392.18	453.28	482.39
b) Others	61.68	83.22	114.34	146.01	242.78	258.02	304.55	385.60	443.01
B. Non-Government Borrowing	111.15	117.03	123.07	132.74	194.28	227.14	263.46	345.09	439.26
i) Concessional	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ii) Non-concessional	111.15	117.03	123.07	132.74	194.28	227.14	263.46	345.09	439.26
a) Public Sector	80.00	85.10	93.15	103.52	142.98	149.19	158.02	194.07	234.13
IBRD	44.62	45.94	45.50	46.90	71.05	85.44	91.93	110.92	127.49
Others	35.38	39.16	47.65	56.62	71.93	63.75	66.09	83.15	106.64
b) Financial Institutions	27.89	26.28	24.14	23.50	37.21	53.85	75.11	102.90	144.79
IBRD	2.52	6.30	6.55	5.93	7.44	13.43	18.99	27.07	29.73
Others	25.37	19.98	17.59	17.57	29.77	40.42	56.12	75.83	115.06
c) Private Sector	3.26	5.65	5.78	5.72	14.09	24.10	30.33	48.12	60.34
IBRD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Others	3.26	5.65	5.78	5.72	14.09	24.10	30.33	48.12	60.34
II. Bilateral	745.30	703.02	700.34	788.02	1049.97	1019.76	1149.05	1371.12	1358.22
A. Government Borrowing	574.58	545.93	538.10	593.91	746.62	715.84	804.06	916.41	880.06
i) Concessional	572.07	544.68	538.10	593.91	746.62	715.84	804.06	916.41	880.06
ii) Non-concessional	2.51	1.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00
B. Non-Government Borrowing	170.72	157.09	162.24	194.11	303.35	303.92	344.99	454.71	478.16
i) Concessional	74.71	69.49	17.27	17.37	32.62	31.69	41.01	76.47	81.03
a) Public Sector	56.53	52.85	12.41	12.26	11.56	11.21	16.21	49.63	55.83
b) Financial Institutions	18.18	16.64	4.86	5.11	21.06	20.48	24.80	26.84	25.20
c) Private Sector	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ii) Non-concessional	96.01	87.60	144.97	176.74	270.73	272.23	303.98	378.24	397.13
a) Public Sector	43.53	36.28	74.20	100.97	150.76	138.45	137.89	142.50	127.93
b) Financial Institutions	28.47	23.86	38.28	37.35	43.11	34.36	37.54	38.86	42.10
c) Private Sector	24.01	27.46	32.49	38.42	76.86	99.42	128.55	196.88	227.10
III. International Monetary Fund	45.03	43.78	44.84	44.79	51.88	272.64	281.63	315.28	324.39
IV. Trade Credit	219.76	241.75	312.37	412.96	737.72	760.11	831.12	975.15	962.60
a) Buyers Credit	130.40	160.88	236.17	331.34	640.46	668.49	732.73	863.07	844.74
b) Suppliers Credit	39.61	33.51	29.41	29.98	32.34	29.37	28.47	32.39	41.33
c) Export Credit Component of Bilateral Credit	49.75	47.36	46.79	51.64	64.92	62.25	69.92	79.69	76.53
d) Export Credit for Defence Purpose	0.00	0.00	0.00	0.00	0.00	0.00		0.00	0.00

TABLE 158 : INDIA’S EXTERNAL DEBT – RUPEES (End-March) (Concld.)
(` Billion)
Item	2005	2006	2007	2008	2009	2010	2011	2012	2013
1	12	13	14	15	16	17	18	19	20
V. Commercial Borrowing	1155.33	1179.91	1806.69	2492.43	3182.09	3192.21	3950.09	5360.89	6575.32
a) Commercial Bank Loans	628.96	735.08	1071.45	1605.77	2199.25	2023.50	2616.78	3747.36	4493.24
b) Securitized Borrowings (inclu. IDBs and FCCBs)	489.92	411.12	680.20	826.41	912.86	1131.77	1300.65	1587.69	2064.61
c) Loans/securitised borrowings etc with multilateral/bilateral guarantee and IFC(W)	36.45	33.71	55.04	60.25	69.98	36.94	32.66	25.85	17.47
d) Self Liquidating Loans	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VI. NRI & FC(B&O) Deposits	1432.67	1618.34	1797.86	1746.23	2101.18	2170.62	2308.12	2998.40	3852.02
VII. Rupee Debt	100.71	91.84	85.08	80.65	77.60	74.80	71.47	69.22	68.39
a) Defence	88.87	81.12	75.33	71.72	69.35	67.09	64.16	62.20	61.64
b) Civilian	11.84	10.72	9.75	8.93	8.25	7.71	7.31	7.02	6.75
VIII. Total Long-term Debt (I to VII)	5087.77	5333.67	6287.71	7144.09	9214.69	9424.50	10758.20	13660.95	15936.89
IX. Short-term Debt	775.28	871.55	1226.31	1828.81	2206.56	2361.88	2901.49	3999.62	5259.30
a) NRI Deposits (up to 1 year maturity)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
b) FC (B&O) Deposits ( up to 1 year maturity)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
c) Trade related credits	711.73	865.31	1132.56	1675.40	2033.45	2142.67	2610.06	3332.02	4720.26
1) Up to 6 Months	382.51	477.43	610.68	915.02	844.09	878.76	1032.00	1327.48	1510.16
2) 6 Months and Above up to 1 Year	329.22	387.88	521.88	760.38	1189.36	1263.91	1578.06	2004.54	3210.10
d) FII Investments in Govt. T Bills and Other Instruments	63.55	6.24	17.32	26.03	105.22	151.53	242.14	480.66	296.71
e) Investments in Treasury Bills by Foreign Central Banks and International Institutions	0.00	0.00	7.12	6.20	5.34	4.67	2.25	3.26	4.47
f) External Debt Liabilities of (i+ii)	0.00	0.00	69.31	121.18	62.55	63.01	47.04	183.68	237.87
i) Central Bank	0.00	0.00	47.46	44.58	38.92	31.39	6.93	8.71	9.85
ii) Commercial Bank	0.00	0.00	21.85	76.60	23.63	31.62	40.11	174.97	228.02
X. Gross Total Debt	5863.05	6205.22	7514.02	8972.90	11421.25	11786.38	13659.69	17660.57	21196.20
Concessional Debt as % of Total Debt	30.70	28.40	23.00	19.70	18.70	16.80	15.50	13.90	11.70
Short-term Debt as % of Total Debt	13.20	14.00	16.30	20.40	19.30	20.10	21.20	22.60	24.80
Debt Stock- GDP Ratio (%)	18.10	16.80	17.50	18.00	20.30	18.20	17.50	19.70	21.20
Debt Service Ratio (%)	5.90	10.10	4.70	4.80	4.40	5.80	4.40	6.00	5.90
IDBs : India Development Bonds FCCBs : Foreign Currency Convertible Bonds IFC(W) : International Finance Corporation (Washington) FC(B&O) : Foreign Currency (Banks & Others) Deposits Note : 1. Other concessional multilateral Government borrowing refers to debt outstanding to Institutions like IFAD, OPEC & EEC (SAC). 2. Multilateral non-concessional Government/ public sector/ financial institutions other borrowings refers to debt outstanding against loans from ADB. 3. Securitised commercial borrowings (inclu. IDBs and FCCBs) includes net Investment by 100% Fll debt funds, Resurgent India Bonds (RIBs) and India Millennium Deposits (IMDs). 4. Rupee debt refers to debt owed to Russia denominated in Rupees and converted at current exchange rates, payable in exports. 5. Civilian's rupee debt includes Supplier’s credit from end-March 1990 onwards. 6. Short-term debt does not include suppliers’ credit of up to180 days from 1994 till 2004. 7. Multilateral loans do not include revaluation of IBRD pooled loans and exchange rate adjustment under IDA loans for Pre-1971 credits. 8. 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.