Annual Report


Note : To read the chapter of your choice, please click on the links below. You can also read past reports by accessing the archives in the right panel.
Document - I 59: Indias External Debt () or PDF - I 59: Indias External Debt ()
Date : Aug 29, 2005
I 59: India's External Debt
       

Item

   

Rupees crore

 

US $ million

 
                         
             

2005P

2004R

2003R

2005P

2004R

2003R

                         
       

1

   

2

3

4

5

6

7

                         

I.

Multilateral

   

1,38,977

1,31,069

1,42,720

31,763

29,288

30,002

                         
 

A.

Government borrowing

   

1,27,514

1,20,073

1,29,727

29,143

26,826

27,271

   

i)

Concessional

   

1,04,934

1,01,490

1,02,559

23,983

22,674

21,559

     

a) IDA

   

1,03,501

1,00,065

1,01,122

23,655

22,356

21,257

     

b) Others #

   

1,433

1,425

1,437

328

318

302

   

ii)

Non-concessional

   

22,580

18,583

27,168

5,160

4,152

5,712

     

a) IBRD

   

16,444

14,074

19,069

3,758

3,144

4,009

     

b) Others ##

   

6,136

4,509

8,099

1,402

1,008

1,703

                         
 

B.

Non-Government borrowing

   

11,463

10,996

12,993

2,620

2,462

2,731

   

i)

Concessional

   

0

0

0

0

0

0

   

ii)

Non-concessional

   

11,463

10,996

12,993

2,620

2,462

2,731

     

a)

Public sector

   

8,532

7,916

9,255

1,950

1,770

1,945

       

IBRD

   

4,456

4,402

4,378

1,018

984

920

       

Others ##

   

4,076

3,514

4,877

932

786

1,025

     

b)

Financial institutions

   

2,584

2,828

3,177

591

634

668

       

IBRD

   

252

380

525

58

85

110

       

Others ##

   

2,332

2,448

2,652

533

549

558

     

c)

Private sector

   

347

252

561

79

58

118

       

IBRD

   

0

0

298

0

0

63

       

Others

   

347

252

263

79

58

55

                         

II.

Bilateral

     

75,350

77,085

79,918

17,222

17,278

16,802

                         
 

A.

Government borrowing

   

57,172

58,121

60,242

13,067

12,988

12,664

   

i)

Concessional

   

56,923

57,742

59,687

13,010

12,901

12,547

   

ii)

Non-concessional

   

249

379

555

57

87

117

                         
 

B.

Non-Government borrowing

   

18,178

18,964

19,676

4,155

4,290

4,138

   

i)

Concessional

   

8,887

8,876

8,013

2,031

1,983

1,685

     

a)

Public sector

   

5,843

5,759

5,152

1,335

1,287

1,083

     

b)

Financial institutions

   

3,044

3,117

2,861

696

696

601

     

c)

Private sector

   

0

0

0

0

0

0

   

ii)

Non-concessional

   

9,291

10,088

11,663

2,124

2,307

2,453

     

a)

Public sector

   

4,390

4,852

5,116

1,003

1,110

1,076

     

b)

Financial institutions

   

2,842

3,120

3,572

650

710

751

     

c)

Private sector

   

2,059

2,116

2,975

471

487

626

                         

III.

International Monetary Fund

   

0

0

0

0

0

0

                         

IV.

Trade Credit

   

21,702

20,480

23,647

4,960

4,680

4,973

     

a)

Buyers’ credit

   

12,793

11,002

13,344

2,924

2,532

2,807

     

b)

Suppliers’ credit

   

3,960

4,457

5,113

905

1,026

1,075

     

c)

Export credit component of bilateral credit

4,949

5,021

5,190

1,131

1,122

1,091

     

d)

Export credit for defence purposes

0

0

0

0

0

0

 

   

Item

 

Rupees crore

 

US $ million

 
                   
       

2005P

2004R

2003R

2005P

2004R

2003R

                   
   

1

 

2

3

4

5

6

7

                   

V.

 

Commercial Borrowing

 

1,17,886

96,016

1,07,119

26,942

22,101

22,530

   

a) Commercial bank loans

 

59,278

50,611

46,953

13,548

11,650

9,875

   

b) Securitised borrowings $ (including FCCBs)

54,875

41,616

57,747

12,541

9,579

12,146

   

c) Loans/securitised borrowings, etc.

           
   

with multilateral/bilateral guarantee and IFC(W)

3,733

3,789

2,419

853

872

509

   

d) Self Liquidating Loans

 

0

0

0

0

0

0

                   

VI.

 

NRI and FC (B and O) Deposits

             
   

(above one-year maturity)

 

1,42,637

135,618

1,10,022

32,599

31,216

23,160

                   

VII.

 

Rupee Debt *

 

10,064

11,860

13,405

2,300

2,721

2,822

   

a) Defence

 

8,882

10,543

11,946

2,030

2,427

2,515

   

b) Civilian +

 

1,182

1,317

1,459

270

294

307

                   

VIII.

Total Long-term Debt (I to VII)

 

5,06,616

4,72,128

4,76,831

1,15,786

1,07,284

1,00,289

                   

IX.

 

Short-term Debt

 

32,922

19,251

22,180

7,524

4,431

4,669

   

a) NRI deposits (upto 1 year maturity)

0

1,321

9,320

0

304

1,962

   

b) Others (trade related)

 

32,922

17,930

12,860

7,524

4,127

2,707

                   
                   

X.

 

GRAND TOTAL

 

5,39,538

4,91,379

4,99,011

1,23,310

1,11,715

1,04,958

                   
   

Concessional Debt

             
   

As percentage of Total Debt

 

33.5

36.1

36.8

33.5

36.1

36.8

                   
   

Short Term Debt

             
   

As percentage of Total Debt

 

6.1

4.0

4.4

6.1

4.0

4.4

                   
   

Memo Items:

             
                   
   

Debt Indicators:

             
   

1. Debt Stock - GDP Ratio (in per cent)

17.4

17.8

20.3

17.4

17.8

20.3

   

2. Debt-Service Ratio (per cent)

(for fiscal year)

           
   

(Including debt-servicing on non-civilian credits)

6.2

16.3

16.4

6.2

16.3

16.4

P:Provisional. R : Revised.
#:Refers to Debt outstanding to Institutions like IFAD, OPEC & EEC(SAC).
##:Refers to debt outstanding against loans from ADB.
$:Includes net investment by 100 per cent FII debt funds, Resurgent India Bonds (RIBs)
and India Millennium Deposits (IMDs).
*:Debt owed to Russia denominated in Rupees and converted at current exchange rates, payable in exports.
+:Includes Rupee suppliers’ credit from end-March 1990 onwards.
Note : Multilateral loans do not include revaluation of IBRD pooled loans and exchange rate adjustment under
IDA loans for pre-1971 credits.


Top
Back to previous page