Search results
Aug 4, 2021 · NEW DELHI: India's debt burden as a percentage of gross domestic product (GDP) jumped to 60.5 per cent for the financial year 2021, mainly on account of the ongoing Covid-19 pandemic.
India’s debt levels are set to rise this year due to an increase in borrowing to deal with the COVID-19 pandemic. While some believe that high government debt is a reason to worry, others...
- Prabhjote Gill
‘Crisis’ needs to be viewed not in terms of present debt volume but in the larger trend and macroeconomic connection observable between rising government debt and other macro aggregates.
Oct 6, 2020 · Sensational news discussing India’s rising debt is not new. COVID-19 induced recession has forced government agencies globally to spend at an unprecedented level contributing to the...
Jun 30, 2022 · The major developments relating to India’s external debt as at end-March 2022 are presented below. Highlights. At end-March 2022, India’s external debt was placed at US$ 620.7 billion, recording an increase of US$ 47.1 billion over its level at end-March 2021 (Table 1).
Sep 5, 2022 · India’s external debt, at US$ 620.7 billion as at end-March 2022, grew by 8.2 per cent over US$ 573.7 billon as at end-March 2021. While 53.2 per cent of it was denominated in US dollar, Indian rupee denominated debt, estimated at 31.2 per cent, was the second largest.
Jun 30, 2023 · The major developments relating to India’s external debt as at end-March 2023 are presented below. Highlights. At end-March 2023, India’s external debt was placed at US$ 624.7 billion, recording an increase of US$ 5.6 billion over its level at end-March 2022 .
