{"id":31359,"date":"2017-09-25T13:04:15","date_gmt":"2017-09-25T13:04:15","guid":{"rendered":"https:\/\/www.edristi.in\/?p=31359"},"modified":"2017-09-25T13:04:15","modified_gmt":"2017-09-25T13:04:15","slug":"foreign-debt-status-report-india-2016-17","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/foreign-debt-status-report-india-2016-17\/","title":{"rendered":"Foreign Debt Status Report on India 2016-17"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: According to the \u2018Foreign Debt Status Report on India 2016-17&#8242; released in the end of March 2017 by Department of Economic Affairs, Ministry of Finance, , how many billion US dollars foreign debt to India?<\/strong><br \/>\n(a) 390.71 billion US dollars<br \/>\n(b) 400.80 billion US dollars<br \/>\n(c) 471.9 billion US dollars<br \/>\n(d) 350.60 billion US dollars<br \/>\n<strong>Ans: (c)<br \/>\nRelated facts:-<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On September 15, 2017, the 23rd issue of the Annual Publication \u2018India\u2019s External Debt: A Status Report 2016-17\u2019 prepared by the Department of Economic Affairs, Ministry of Finance, Government of India was released.<\/li>\n<li>Repots presents a detailed analysis of India\u2019s External Debt position at end-March 2017, based on the data released by the Reserve Bank of India (RBI) on June 30, 2017 and data and information available from other sources.<\/li>\n<li><strong>The salient features of the Report are:<\/strong><\/li>\n<li>India\u2019s external debt stock stood at US$ 471.9 billion at end-March 2017, decreasing by US$ 13.1 billion (2.7 per cent) over the level at end-March 2016.<\/li>\n<li>The decline in external debt was due to the decrease in long-term debt particularly NRI deposits and commercial borrowings.<\/li>\n<li>At end-March 2017, long-term external debt was US$ 383.9 billion, showing adecrease of 4.4 per cent over the level at end-March 2016.<\/li>\n<li>Long-term external debt accounted for 81.4 per cent of total external debt at end-March 2017as compared to82.8 per cent at end-March 2016.<\/li>\n<li>Short-term external debt increased by 5.5 per cent to US$ 88.0 billion at end-March 2017. This is mainly due to the increase in trade related credits, a major component of short-term debt with a share of 98.3 per cent.<\/li>\n<li>Government (sovereign) external debt increased from US$ 93.4 billion at end-March 2016 to US$ 95.8 billion at end-March 2017, and constituted 20.3 per cent of the total external debt, as compared to 19.3 per cent in the previous year.<\/li>\n<li>India\u2019s external debt has remained within manageable limits and the external debt situation has improvedin 2016-17over 2015-16 as indicated by the increase in foreign exchange reserves cover to debt to 78.4 per cent from 74.3 per cent,and fall in the external debt-GDP ratio to20.2 per cent from 23.5 per cent.<\/li>\n<li>External debt of the country continues to be dominated by the long-term borrowings.<\/li>\n<li>It is worth noting that the World Bank&#8217;s &#8216;International Debt Statistics 2017&#8217;, which has presented loan data for 2015, shows that India is still counted in &#8216;less unsafe&#8217; countries.<\/li>\n<li>India&#8217;s foreign credit indicators are better than other indebted or indebted developing countries.<\/li>\n<li>The ratio of external debt and gross national income to India is 23.4 percent, which reflects the fifth lowest level.<\/li>\n<li>Similarly in terms of cover provided by foreign exchange reserves for foreign debt, India was at the sixth highest level with 69.7 percent in year 2015.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/pib.nic.in\/newsite\/PrintRelease.aspx?relid=170828\" target=\"_blank\" rel=\"noopener\">http:\/\/pib.nic.in\/newsite\/PrintRelease.aspx?relid=170828<\/a><br \/>\n<a href=\"http:\/\/www.pib.nic.in\/newsite\/hindirelease.aspx?relid=67148\" target=\"_blank\" rel=\"noopener\">http:\/\/www.pib.nic.in\/newsite\/hindirelease.aspx?relid=67148<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: According to the \u2018Foreign Debt Status Report on India 2016-17&#8242; released in the end of March 2017 by Department of Economic Affairs, Ministry of Finance, , how many billion US dollars foreign debt to India? (a) 390.71 billion US dollars (b) 400.80 billion US dollars (c) 471.9 billion US dollars (d) 350.60 billion US [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":31262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-31359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/31359","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=31359"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/31359\/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\/31262"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=31359"}],"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=31359"},{"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=31359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}