(As at the end of March)

Item

Rupees crore

US $ million

2002P

2001R@

2000R

2002P

2001R@

2000R

1

2

3

4

5

6

7

I.

Multilateral

1,54,812

1,45,116

1,37,131

31,724

31,107

31,438

A. Government borrowing

1,37,045

1,27,901

1,20,321

28,083

27,417

27,584

i)

Concessional

95,228

89,009

84,051

19,514

19,080

19,269

a) IDA

93,901

87,753

82,721

19,242

18,811

18,964

b) Others #

1,327

1,256

1,330

272

269

305

ii)

Non-concessional

41,817

38,892

36,270

8,569

8,337

8,315

a) IBRD

28,011

26,389

25,343

5,740

5,657

5,810

b) Others ##

13,806

12,503

10,927

2,829

2,680

2,505

B. Non-Government borrowing

17,767

17,215

16,811

3,641

3,690

3,854

i)

Concessional

0

0

0

0

0

0

ii)

Non-concessional

17,767

17,215

16,811

3,641

3,690

3,854

a) Public sector

12,751

12,383

12,183

2,613

2,654

2,793

IBRD

7,320

7,112

6,931

1,500

1,525

1,589

Others ##

5,431

5,271

5,252

1,113

1,129

1,204

b) Financial institutions

3,679

3,369

3,099

754

722

710

IBRD

1,044

1,015

999

214

218

229

Others ##

2,635

2,354

2,100

540

504

481

c) Private sector

1,337

1,463

1,529

274

314

351

IBRD

1,127

1,147

1,173

231

246

269

Others

210

316

356

43

68

82

II.

Bilateral

74,084

74,392

79,278

15,181

15,947

18,175

A. Government borrowing

56,271

56,797

60,920

11,531

12,175

13,966

i)

Concessional

55,388

55,499

59,380

11,350

11,897

13,613

ii)

Non-concessional

883

1,298

1,540

181

278

353

B. Non-Government borrowing

17,813

17,595

18,358

3,650

3,772

4,209

i)

Concessional

6,364

5,584

4,022

1,304

1,197

922

a) Public sector

3,758

2,967

1,488

770

636

341

b) Financial institutions

2,606

2,617

2,534

534

561

581

c) Private sector

0

0

0

0

0

0

ii)

Non-concessional

11,449

12,011

14,336

2,346

2,575

3,287

a) Public sector

3,299

3,532

4,752

676

758

1,089

b) Financial institutions

3,738

3,623

4,151

766

776

952

c) Private sector

4,412

4,856

5,433

904

1,041

1,246

III.

International Monetary Fund

0

0

113

0

0

26

IV.

Trade Credit

24,342

27,648

29,564

4,988

5,928

6,780

a) Buyers’ credit

14,713

17,356

18,734

3,015

3,721

4,297

b) Suppliers’ credit

4,812

5,406

5,582

986

1,159

1,280

c) Export credit component of bilateral credit

4,817

4,826

5,165

987

1,035

1,184

d) Export credit for defence purposes

0

60

83

0

13

19

V.

Commercial Borrowing

1,14,300

1,12,454

86,963

23,422

24,111

19,943

a) Commercial bank loans

49,581

45,783

44,015

10,160

9,816

10,094

b) Securitized borrowings $

62,342

63,768

39,564

12,775

13,672

9,073

(including FCCBs)

c) Loans/securitized borrowings, etc.

2,377

2,903

3,271

487

623

750

with multilateral/bilateral

guarantee and IFC(W)

d) Self Liquidating Loans

0

0

113

0

0

26

VI.

NRI & FC (B&O) Deposits

83,609

71,886

59,137

17,133

15,414

13,562

(above one-year maturity)

VII.

Rupee Debt *

14,366

17,336

19,218

2,944

3,717

4,406

a) Defence

12,756

15,573

17,290

2,614

3,339

3,964

b) Civilian +

1,610

1,763

1,928

330

378

442

VIII.

Total Long-term Debt (I to VII)

4,65,513

4,48,832

4,11,405

95,392

96,224

94,330

IX.

Short-term Debt

13,402

16,229

17,150

2,746

3,480

3,933

a) NRI deposits (less than 1 year maturity)

4,729

3,773

5,970

969

809

1,369

b) Others (trade related) @@

8,673

12,456

11,180

1,777

2,671

2,564

X.

Gross Total

4,78,915

4,65,061

4,28,555

98,138

99,704

98,263

Concessional Debt

1,71,346

1,67,428

1,66,671

35,112

35,891

38,210

As % of Total Debt

35.8

36.0

38.9

35.8

36.0

38.9

Short Term Debt

13,402

16,229

17,150

2,746

3,480

3,933

As % of Total Debt

2.8

3.5

4.0

2.8

3.5

4.0

Memo Items:

Debt Indicators:

1.

Debt Stock - GDP Ratio (in per cent)

20.8

22.3

22.2

20.8

22.3

22.2

2.

Debt Service Ratio(%) (for fiscal year)

14.1

17.3

16.2

14.1

17.3

16.2

(Including debt-servicing on

non-civilian credits)

P

Provisional. R Revised.

@

Revised data as per ‘India’s External Debt : A Status Report’, August 2002.

#

Refers to debt outstanding to institutions like IFAD,OPEC & EEC(SAC).

##

Refers to debt outstanding against loans from ADB.

$

Includes net investment by 100 per cent FII debt funds, Resurgent India Bonds (RIBs) and India Millennium 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 for which no estimates are available.

Notes :
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.