{"id":10525,"date":"2016-04-11T14:26:18","date_gmt":"2016-04-11T14:26:18","guid":{"rendered":"https:\/\/www.edristi.in\/?p=10525"},"modified":"2016-04-11T14:26:18","modified_gmt":"2016-04-11T14:26:18","slug":"indias-external-debt-end-december-2015","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/indias-external-debt-end-december-2015\/","title":{"rendered":"India\u2019s External Debt at end-December 2015"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: The quarterly statistics on India\u2019s external debt for the quarters ending September and December every year is released by-<\/strong><br \/>\n(a) Ministry of Information and Broadcasting<br \/>\n(b) Ministry of commerce and industry<br \/>\n(c) Ministry of Finance<br \/>\n(d) Reserve Bank of India<br \/>\n<strong>Ans (c)<\/strong><br \/>\n<strong>Related facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On 31 March 2016, Department of Economic Affairs, Ministry of Finance has issued press release relates to India\u2019s external debt at end-December 2015.<\/li>\n<li>Department of Economic Affairs, Ministry of Finance has been compiling and releasing quarterly statistics on India\u2019s external debt for the quarters ending September and December every year.<\/li>\n<li>The figures for the first two quarters (March and June end) are compiled and issued by the Reserve Bank of India.<\/li>\n<li>At end-December 2015, India\u2019s external debt stock stood at US$ 480.2 billion, recording an increase of US$ 4.9 billion (1.0 per cent) over the level at end-March 2015.<\/li>\n<li>The rise in external debt during the period was due to long-term external debt particularly commercial borrowings and NRI deposits.<\/li>\n<li>However, on a sequential basis, total external debt at end December 2015 declined by US$ 1.2 billion from the end-September 2015 level.<\/li>\n<li>At end-December 2015, long-term external debt accounted for 83.0 per cent of India\u2019s total external debt, while the remaining (17 per cent) was short-term debt.<\/li>\n<li>Long-term debt at end-December 2015 was US$ 398.6 billion, showing an increase of US$ 8.8 billion (2.3 per cent) over the level at end-March 2015.<\/li>\n<li>Short-term external debt witnessed a decline of 4.6 per cent and stood at US$ 81.6 billion at end-December 2015.<\/li>\n<li>Government (sovereign) external debt stood at US$ 90.7 billion at end-December 2015 while non-Government debt amounted to US$ 389.5 billion.<\/li>\n<li>The share of Government (Sovereign) and non-Government debt in the total external debt was 18.9 per cent and 81.1 per cent respectively, at end-December 2015.<\/li>\n<li>The share of US dollar denominated debt continued to be the highest in external debt stock at 57.6 per cent at end-December 2015, followed by the Indian rupee (28.7 per cent), SDR (5.8 per cent), Japanese yen (4.1 per cent), and euro (2.3 per cent).<\/li>\n<li>The ratio of concessional debt to total external debt was 8.7 per cent at end-December 2015 (8.8 per cent at end-March 2015).<\/li>\n<li>India\u2019s foreign exchange reserves provided a cover of 73.0 per cent to the total external debt stock at end-December 2015 vis-\u00e0-vis 67.5 per cent at end-March 2015.<\/li>\n<li>The ratio of short term external debt to foreign exchange reserves was 23.3 per cent at end-December 2015 as against 26.7 per cent at end-March 2015.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/finmin.nic.in\/press_room\/2016\/Press_ExtDebt_QDec2015E.pdf\">http:\/\/finmin.nic.in\/press_room\/2016\/Press_ExtDebt_QDec2015E.pdf<\/a><br \/>\n<a href=\"http:\/\/finmin.nic.in\/the_ministry\/dept_eco_affairs\/economic_div\/ExternalDebt_Dec15_H.pdf\">http:\/\/finmin.nic.in\/the_ministry\/dept_eco_affairs\/economic_div\/ExternalDebt_Dec15_H.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: The quarterly statistics on India\u2019s external debt for the quarters ending September and December every year is released by- (a) Ministry of Information and Broadcasting (b) Ministry of commerce and industry (c) Ministry of Finance (d) Reserve Bank of India Ans (c) Related facts: On 31 March 2016, Department of Economic Affairs, Ministry of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[],"class_list":["post-10525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/10525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=10525"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/10525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/10461"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=10525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=10525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=10525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}