Annex-1
|
INDIA'S EXTERNAL DEBT OUTSTANDING -MARCH 2004 |
| (As
at end-March) | |
|
Rupees crore
| US
$ million | |
Item |
2004P |
2003R |
2002 |
2004P |
2003R |
2002 | |
1 |
2 |
3 |
4 |
5 |
6 |
7 | |
I. Multilateral |
128,662 |
142,680 |
155,633 |
29,614 |
29,994 |
31,899 |
| A. Government borrowing
| 116,493
| 129,727
| 138,023
| 26,814
| 27,271
| 28,290
| |
i) Concessional |
98,524 |
102,559 |
96,177 |
22,678 |
21,559 |
19,713 | |
a) IDA |
97,141 |
101,122 |
94,848 |
22,360 |
21,257 |
19,440 |
| b) Others # |
1,383 |
1,437 |
1,329 |
318 |
302 |
273 |
| ii) Non-concessional
| 17,969
| 27,168
| 41,846
| 4,136
| 5,712
| 8,577
| |
a) IBRD |
13,634 |
19,069 |
28,012 |
3,138 |
4,009 |
5,742 | |
b) Others ## |
4,335 |
8,099 |
13,834 |
998 |
1,703 |
2,835 |
| B. Non-Government borrowing
| 12,169
| 12,953
| 17,610
| 2,800
| 2,723
| 3,609
| |
i) Concessional |
0 |
0 |
0 |
0 |
0 |
0 | |
ii) Non-concessional |
12,169 |
12,953 |
17,610 |
2,800 |
2,723 |
3,609 |
| a) Public sector |
8,897 |
9,255 |
12,729 |
2,048 |
1,945 |
2,609 |
| IBRD |
5,482 |
4,378 |
7,298 |
1,262 |
920 |
1,496 |
| Others ## |
3,415 |
4,877 |
5,431 |
786 |
1,025 |
1,113 |
| b) Financial institutions
| 2,814
| 3,177
| 3,736
| 647
| 668
| 766
| |
IBRD | 427
| 525
| 1,049
| 98
| 110
| 215
| |
Others ## |
2,387 |
2,652 |
2,687 |
549 |
558 |
551 | |
c) Private sector |
458 |
521 |
1,145 |
105 |
110 |
234 |
| IBRD |
258 |
298 |
929 |
59 |
63 |
190 |
| Others |
200 |
223 |
216 |
46 |
47 |
44 |
| II. Bilateral |
75,981 |
79,983 |
74,762 |
17,489 |
16,814 |
15,323 |
| A. Government borrowing
| 56,423
| 60,243
| 56,302
| 12,987
| 12,664
| 11,540
| |
i) Concessional |
56,045 |
59,688 |
55,418 |
12,900 |
12,547 |
11,359 | |
ii) Non-concessional |
378 |
555 | 884 |
87 |
117 |
181 |
| B. Non-Government borrowing
| 19,558
| 19,740
| 18,460
| 4,502
| 4,150
| 3,783
| |
i) Concessional |
8,750 |
8,013 |
6,885 |
2,014 |
1,684 |
1,411 | |
a) Public sector |
5,711 |
5,152 |
4,278 |
1,315 |
1,083 |
877 |
| b) Financial institutions
| 3,039
| 2,861
| 2,607
| 699
| 601
| 534
| |
c) Private sector |
0 |
0 |
0 |
0 |
0 |
0 | |
ii) Non-concessional |
10,808 |
11,727 |
11,575 |
2,488 |
2,466 |
2,372 |
| a) Public sector |
5,273 |
5,183 |
4,822 |
1,214 |
1,090 |
988 |
| b) Financial institutions
| 2,954
| 3,572
| 3,708
| 680
| 751
| 760
| |
c) Private sector |
2,581 |
2,972 |
3,045 |
594 |
625 |
624 | |
III.International Monetary Fund |
0 |
0 |
0 |
0 |
0 |
0 |
| IV. Trade Credit
| 19,933
| 23,649
| 26,110
| 4,588
| 4,974
| 5,368
| |
a) Buyers' credit |
10,961 |
13,408 |
16,147 |
2,523 |
2,820 |
3,311 | |
b) Suppliers' credit |
4,097 |
5,051 |
5,144 |
943 |
1,063 |
1,069 |
| c) Export credit component
| 4,875
| 5,190
| 4,819
| 1,122
| 1,091
| 988
| |
of bilateral credit | |
| |
| |
| |
d) Export credit for |
0 |
0 |
0 |
0 |
0 |
0 | |
defence purposes |
| |
| |
| |
| V. COMMERCIAL BORROWING
| 96,823
| 107,165
| 113,451
| 22,286
| 22,540
| 23,226
| |
a) Commercial bank loans |
50,705 |
47,062 |
48,682 |
11,671 |
9,898 |
9,962 | |
b) Securitized borrowings $ |
42,191 |
57,696 |
62,258 |
9,711 |
12,136 |
12,757 |
| (including FCCBs) |
| |
| |
| |
| c) Loans/securitized
borrowings, etc. |
3,927 |
2,407 |
2,511 |
904 |
506 |
507 | |
with multilateral/bilateral |
| |
| |
| |
| guarantee and IFC(W)
| |
| |
| |
| |
d) Self Liquidating Loans |
0 |
0 |
0 |
0 |
0 |
0 | |
VI. NRI & FC(B&O) Deposits |
| |
| |
| |
| (above one-year
maturity) |
135,422 |
110,021 |
83,712 |
31,171 |
23,160 |
17,154 | |
VII. Rupee Debt * |
11,770 |
13,390 |
14,844 |
2,709 |
2,818 |
3,042 |
| a) Defence |
10,492 |
11,931 |
13,235 |
2,415 |
2,511 |
2,712 |
| b) Civilian + |
1,278 | 1,459 |
1,609 |
294 |
307 |
330 |
| VIII.Total Long-term
Debt (I to VII) |
468,591 |
476,888 |
468,512 |
107,857 |
100,300 |
96,012 | |
IX. Short-term Debt |
20,577 |
21,705 |
13,396 |
4,736 |
4,569 |
2,745 |
| a) NRI deposits (less
than 1 year maturity) |
1,321 |
9,320 |
4,724 |
304 |
1,962 |
968 | |
b) Others (trade related) @ |
19,256 |
12,385 |
8,672 |
4,432 |
2,607 |
1,777 |
| X. GROSS TOTAL |
489,168 |
498,593 |
481,908 |
112,593 |
104,869 |
98,757 |
| Concessional
Debt | |
| |
| |
| |
As % of Total Debt |
35.8 |
36.8 |
36.0 |
35.8 |
36.8 |
36.0 | |
Short Term Debt |
| |
| |
| |
| As % of Total Debt
| 4.2
| 4.4
| 2.8
| 4.2
| 4.4
| 2.8
| |
Memo Items: | |
| |
| |
| |
Debt Indicators: | |
| |
| |
| |
1. Debt Stock - GDP Ratio (in per cent) |
17.8 |
20.2 |
21.1 |
17.8 |
20.2 |
21.1 |
| 2.Debt Service Ratio
(%) (for fiscal year) |
18.3 |
15.1 |
13.9 |
18.3 |
15.1 |
13.9 | |
(including debt-servicing on |
| |
| |
| |
| non-civilian credits)
| |
| |
| |
| |
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.
@ This does not include suppliers' credit of up to 180 days
for which no estimates are available.
Notes :
1.
Multilateral loans do not include revaluation of IBRD pooled loans and exchange
rate adjustment under IDA loans for Pre-1971 credits. |
|