(As at the end of March)

(US $ million)

Items

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001 P

1

2

3

4

5

6

7

8

9

10

11

12

13

I. MULTILATERAL

19164

20900

23090

25008

26263

28542

28616

29218

29553

30534

31438

31104

A. Government borrowing

18399

19887

21651

23247

24158

26127

26059

26369

26344

26967

27584

27388

i) Concessional

12672

13377

14320

15503

16044

17777

17576

17636

17836

18596

19269

19066

a) IDA

12261

13052

13974

15169

15721

17438

17263

17337

17541

18301

18964

18799

b) Others

411

325

346

334

323

339

313

299

295

295

305

267

ii) Non-concessional

5727

6510

7331

7744

8114

8350

8483

8733

8508

8371

8315

8322

a) IBRD

5690

6293

6796

6947

7203

7136

6938

6772

6430

6062

5810

5642

b) Others

37

217

535

797

911

1214

1545

1961

2078

2309

2505

2680

B. Non-Government borrowing

765

1013

1439

1761

2105

2415

2557

2849

3209

3567

3854

3716

i) Concessional

0

0

0

0

0

0

0

0

0

0

0

0

ii) Non-concessional

765

1013

1439

1761

2105

2415

2557

2849

3209

3567

3854

3716

a) Public sector

92

157

458

572

891

1033

1353

1318

2216

2523

2793

2674

IBRD

92

157

308

418

690

640

860

929

1319

1495

1589

1536

Others

0

0

150

154

201

393

493

389

897

1028

1204

1138

b) Financial institutions

465

657

754

928

869

813

721

665

550

641

710

723

IBRD

292

451

553

576

533

510

481

450

256

249

229

218

Others

173

206

201

352

336

303

240

215

294

392

481

505

c) Private sector

208

199

227

261

345

569

483

866

443

403

351

319

IBRD

184

171

202

228

305

512

364

456

334

309

269

246

Others

24

28

25

33

40

57

119

410

109

94

82

73

II. BILATERAL

13564

14168

15466

16154

17450

20270

19213

17494

16969

17499

18175

16624

A. Government borrowing

11489

11936

13099

13578

14519

16841

15535

13652

12998

13447

13966

12730

i) Concessional

11489

11936

13099

13578

14519

16841

15232

13394

12786

13286

13613

12452

ii) Non-concessional

0

0

0

0

0

0

303

258

212

161

353

278

B. Non-Government borrowing

2075

2232

2367

2576

2931

3429

3678

3842

3971

4052

4209

3894

i) Concessional

261

266

348

400

465

603

903

948

448

645

922

821

a) Public sector

4

0

0

0

61

208

110

293

49

124

341

322

b) Financial institutions

255

266

348

400

404

395

793

655

399

521

581

499

c) Private sector

3

0

0

0

0

0

0

0

0

0

0

0

ii) Non-concessional

1814

1966

2019

2176

2466

2826

2775

2894

3523

3407

3287

3073

a) Public sector

1507

1530

1432

1513

1745

1943

1631

1453

1358

1224

1089

1080

b) Financial institutions

158

273

396

503

547

598

639

678

1067

1028

952

917

c) Private sector

149

163

191

160

174

285

505

763

1098

1155

1246

1076

III. INTERNATIONAL

MONETARY FUND

1493

2623

3451

4799

5040

4300

2374

1313

664

287

26

0

IV. TRADE CREDIT

4655

4301

3990

4322

5203

6629

5376

5861

6526

6789

6780

5838

a) Buyers’ credit

1096

1154

1142

1277

1745

1977

2101

3116

3908

4265

4297

3702

b) Suppliers’ credit

555

483

442

656

1316

2042

1567

1335

1380

1303

1280

1040

c) Export credit component

790

719

791

1181

1263

1464

1325

1165

1112

1155

1184

1083

of bilateral credit

d) Export credit for

2214

1945

1615

1208

879

1146

383

245

126

66

19

13

defence purposes

(US $ million)

Items

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001P

1

2

3

4

5

6

7

8

9

10

11

12

13

V. COMMERCIAL BORROWING

9335

10209

11715

11643

12363

12991

13873

14335

16986

20978

19943

24203

a) Commercial bank loans

6687

6831

6704

6453

5959

5837

6731

8349

9981

10343

10094

9936

b) Securitised borrowings

2468

3022

4512

4479

5278

5377

5751

4825

6022

9772

9073

13652

(inclu. IDBs and FCCBs) $

c) Loans/securitised

180

356

484

674

775

952

888

981

874

808

750

615

borrowings, etc.

with multilateral/bilateral

guarantee and IFC(W)

d) Self Liquidating Loans

0

0

15

37

351

825

503

180

109

55

26

0

VI. NRI & FC(B&O) Deposits

9124

10209

10083

11141

12665

12383

11011

11012

11913

11794

13562

15432

(above one-year maturity)

a) NRI deposits

9124

10114

9833

10876

12665

12383

11011

11012

11913

11794

13562

15432

b) FC(B&O) deposits

0

95

250

265

0

0

0

0

0

0

0

0

VII. Rupee Debt *

11021

12847

10420

10616

10084

9624

8233

7511

5874

4731

4406

3693

a) Defence

9972

11645

9222

9661

9160

8763

7488

6847

5311

4243

3964

3310

b) Civilian +

1049

1202

1198

955

924

861

745

664

563

488

442

383

VIII. TOTAL LONG-TERM DEBT

68356

75257

78215

83683

89068

94739

88696

86744

88485

92612

94330

96894

(I to VII)

IX. SHORT-TERM DEBT

7501

8544

7070

6340

3627

4269

5034

6726

5046

4274

3933

3462

a) NRI deposits***

3244

3577

2486

2603

1300

2278

2883

3773

2192

2086

1369

791

(up to 1 year maturity)

b) FC(B&O)D

0

167

357

779

533

0

0

0

0

0

0

0

(up to 1 year maturity)

c) Others (trade related) **

4257

4800

4227

2958

1794

1991

2151

2953

2854

2188

2564

2671

of which short-term debt

2004

2533

1517

1793

1794

1991

2151

2953

2854

2188

2564

2671

of 6 months

X. GROSS TOTAL

75857

83801

85285

90023

92695

99008

93730

93470

93531

96886

98263

100356

Concessional Debt

35443

38426

38187

40097

41112

44845

41944

39489

36944

37258

38210

36032

As % of Total Debt

46.7

45.9

44.8

44.5

44.4

45.3

44.7

42.2

39.5

38.5

38.9

35.9

Short Term Debt

7501

8544

7070

6340

3627

4269

5034

6726

5046

4274

3933

3462

As % of Total Debt

9.9

10.2

8.3

7.0

3.9

4.3

5.4

7.2

5.4

4.4

4.0

3.4

Debt Indicators:

Debt Stock - GDP Ratio

26.7

28.7

38.7

37.6

33.8

30.9

27.1

24.7

24.4

23.4

21.9

21.5

(in per cent)

Debt Service Ratio(%)

30.9

35.3

30.2

27.5

25.6

26.2

24.3

21.2

19.0

17.8

16.2

17.1

(For fiscal year)

(Including debt servicing

on non-civilian credits)

P

: Provisional.

$

: Includes net Investment by 100% FII debt funds, Resurgent India Bonds (RIBs) and India Millenium 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.

***

: Excludes principal amount of NR(NR)D as these are not repatriable.

Note

: 1. Multilateral loans do not include revaluation of IBRD pooled loans and exchange rate adjustment under IDA loans for Pre-1971 credits.

2. Debt-service ratio from the year 1992-93 includes the revised private transfer contra-entry on account of gold and silver imports.