https://m.economictimes.com/news/economy/finance/indias-external-debt-stands-663-8-billion-at-end-march-2024-rise-of-39-7-billion-from-year-before/articleshow/111261158.cms India’s external debt stands $663.8 billion at end-March 2024, rise of $39.7 billion from year before
SECTIONSIndia’s external debt stands $663.8 billion at end-March 2024, rise of $39.7 billion from year beforeET OnlineLast Updated: Jun 26, 2024..
If the valuation effect (due to the appreciation of the US dollar and yen vis a vis Rupees) were excluded, external debt would have increased by $48.4 billion instead of $ 39.7 billion.
Govt’s gross liabilities rise by 3.4% to Rs 171.78 lakh crore at March-end: Finance Ministry https://indianexpress.com/article/business/gross-liabilities-rise-by-3-4-march-end-finance-ministry-9421305/
The ownership pattern of central government securities indicates that the share of commercial banks surged to 37.7 per cent at end-March 2024 as compared to 36.6 per cent in March 2023.
https://in.investing.com/news/stock-market-news/indias-debtgdp-ratio-dips-to-187-per-cent-in-march-2024-4273630 India's debt-GDP ratio dips to 18.7 per cent in March 2024 from 19.0 per cent at end-March 2023 eflecting a strengthening of the country's macroeconomic fundamentals
Finance pe: https://heyzine.com/flip-book/c07b6b0fe3.html#page/2 - The strategy of heavy borrowing for growth through private investment has increased debt without achieving the intended econmic growth, potentially jeopardising future borrowing capacity for crises or large scale credit needs..
Comment on WA: Question arising if the privatisation of public assets like land, infrastructure is coincident with increased private debt both internally and externally, what kind of pressure does it put on the valuation of currency, which has been shown to increase the external debt figures..