TMI BlogIndia’s External Debt at End-December 2014 stood at US$ 461.9 Billion, Reflecting an increase of US$ 15.5 Billion (3.5 per cent) over the level at end-March 2014; External Debt to GDP ratio stood at 23.2 per cent at end-December 2014 vis-à-vis 23.7 per cent at end-March 2014X X X X Extracts X X X X X X X X Extracts X X X X ..... India’s External Debt at End-December 2014 stood at US$ 461.9 Billion, Reflecting an increase of US$ 15.5 Billion (3.5 per cent) over the level at end-March 2014; External Debt to GDP ratio stood at 23.2 per cent at end-December 2014 vis-à-vis 23.7 per cent at end-March 2014 - News and Press Release Dated:- 31-3-2015 - News - At end-December 2014, India s total external debt stock stood at US$ 4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 61.9 billion, showing an increase of US$ 15.5 billion (3.5 per cent) over the level at end-March 2014. India s external debt to GDP ratio stood at 23.2 per cent at end-December 2014 vis- -vis 23.7 per cent at end-March 2014. The rise in external debt during the period was due to an increase in long-term debt such as commercial borrowings and NRI deposits. Short-term external debt, however witne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssed a decline during the period. Department of Economic Affairs, Ministry of Finance, Government of India has been compiling and releasing quarterly statistics on India s External Debt for the quarters ending September and December every year. This press release relates to India s external debt at end-December 2014. Long-term debt at end-December 2014 was US$ 376.4 billion, reflecting an in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... crease of 6.1 per cent over the level at end-March 2014. Long-term debt accounted for 81.5 per cent of total external debt at end-December 2014 vis- -vis 79.5 per cent at end-March 2014. Short-term external debt was US$ 85.6 billion at end-December 2014, showing a decline of 6.7 per cent over the level at end-March 2014. Short-term debt accounted for 18.5 per cent of total external debt at end- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... December 2014 as against 20.5 per cent at end-March 2014. The shares of Government (Sovereign) and non-Government debt in the total external debt were 19.5 per cent and 80.5 per cent respectively, at end-December 2014. The share of US Dollar denominated debt was the highest in the external debt stock and stood at 58.7 per cent at end-December 2014, followed by debt denominated in Indian rupe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e (26.4 per cent), SDR (6.3 per cent), Japanese yen (4.1 per cent) and euro (2.9 per cent). The complete quarterly report of India s external debt at end-December 2014 is available on the website of Ministry of Finance - www.finmin.nic.in - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
