(As at end March)

Item

Rupees crore

US $ million

2003P

2002R

2001R

2003P

2002R

2001R

1

2

3

4

5

6

7

I.

Multilateral

1,42,126

1,55,633

1,45,105

29,919

31,898

31,105

A. Government borrowing

1,29,373

1,38,023

1,27,886

27,234

28,289

27,414

i.

Concessional

1,02,367

96,178

89,008

21,549

19,713

19,080

a. IDA

1,00,933

94,848

87,753

21,247

19,440

18,811

b. Others #

1,434

1,330

1,255

302

273

269

ii.

Non-concessional

27,006

41,845

38,878

5,685

8,576

8,334

a. IBRD

19,010

28,012

26,376

4,002

5,741

5,654

b. Others ##

7,996

13,833

12,502

1,683

2,835

2,680

B. Non-Government borrowing

12,753

17,610

17,219

2,685

3,609

3,691

i.

Concessional

0

0

0

0

0

0

ii.

Non-concessional

12,753

17,610

17,219

2,685

3,609

3,691

a. Public sector

9,149

12,729

12,386

1,926

2,609

2,655

IBRD

4,380

7,298

7,114

922

1,496

1,525

Others ##

4,769

5,431

5,272

1,004

1,113

1,130

b. Financial institutions

3,088

3,736

3,368

650

766

722

IBRD

585

1,049

1,017

123

215

218

Others ##

2,503

2,687

2,351

527

551

504

c. Private sector

516

1,145

1,465

109

234

314

IBRD

297

929

1,148

63

190

246

Others

219

216

317

46

44

68

II.

Bilateral

79,930

74,762

74,519

16,826

15,323

15,974

A. Government borrowing

60,096

56,302

56,802

12,651

11,540

12,176

i.

Concessional

59,541

55,418

55,504

12,534

11,359

11,898

ii.

Non-concessional

555

884

1,298

117

181

278

B. Non-Government borrowing

19,834

18,460

17,717

4,175

3,783

3,798

i.

Concessional

7,965

6,885

5,579

1,677

1,411

1,196

a. Public sector

5,108

4,278

2,962

1,075

877

635

b. Financial institutions

2,857

2,607

2,617

602

534

561

c. Private sector

0

0

0

0

0

0

ii.

Non-concessional

11,869

11,575

12,138

2,498

2,372

2,602

a. Public sector

5,350

4,822

3,715

1,126

988

796

b. Financial institutions

3,569

3,708

3,568

751

760

765

c. Private sector

2,950

3,045

4,855

621

624

1,041

III.

International Monetary Fund

0

0

0

0

0

0

IV.

Trade Credit

23,766

26,110

27,625

5,003

5,351

5,923

A. Buyers’ credit

13,591

16,147

17,336

2,861

3,309

3,717

B. Suppliers’ credit

4,998

5,144

5,401

1,052

1,054

1,158

C. Export credit component of bilateral credit

5,177

4,819

4,828

1,090

988

1,035

D. Export credit for defence purposes

0

0

60

0

0

13

V.

Commercial Borrowing

1,05,259

1,13,451

1,12,938

22,157

23,248

24,215

A. Commercial bank loans

46,450

48,682

46,169

9,778

9,976

9,899

B. Securitized borrowings $ (including FCCBs)

56,405

62,258

63,868

11,873

12,758

13,694

C. Loans/securitized borrowings, etc.

2,404

2,511

2,901

506

514

622

with multilateral/bilateral

guarantee and IFC(W)

D. Self Liquidating Loans

0

0

0

0

0

0

VI.

NRI & FC(B&O) Deposits

(above one-year maturity)

1,11,271

83,712

77,273

23,423

17,154

16,568

VII.

Rupee Debt *

13,372

14,844

17,345

2,815

3,042

3,719

A. Defence

11,915

13,235

15,573

2,508

2,712

3,339

B. Civilian +

1,457

1,609

1,772

307

330

380

VIII.

Total Long-term Debt (I to VII)

4,75,724

4,68,512

4,54,805

100,143

96,016

97,504

IX.

Short-term Debt

19,443

13,396

16,919

4,093

2,745

3,628

A. NRI deposits (less than 1 year maturity)

7,059

4,724

4,463

1,486

968

957

B. Others (trade related) @

12,384

8,672

12,456

2,607

1,777

2,671

X.

Gross Total

4,95,167

4,81,908

4,71,724

104,236

98,761

101,132

Concessional Debt

1,83,245

1,73,325

1,67,436

38,575

35,525

35,893

As % of Total Debt

37.0

36.0

35.5

37.0

36.0

35.5

Short Term Debt

19,443

13,396

16,919

4,093

2,745

3,628

As % of Total Debt

3.9

2.8

3.6

3.9

2.8

3.6

Memo Items:

Debt Indicators:

1.

Debt Stock - GDP Ratio (in per cent)

20.0

21.0

22.4

20.0

21.0

22.4

2.

Debt Service Ratio(%) (for fiscal year)

14.7

13.9

17.2

14.7

13.9

17.2

(Including debt-servicing on non-civilian credits)

P Provisional. R Revised.
# 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.