Budget 2024: External Debt Almost 50% Higher Than FY14
The debt-GDP ratio at 18.6%.
external debt
February 2024
September 2023
October 2022
September 2022
India’s external debt of $624.7 bn in 'comfortable' zone: FinMin
External debt grew marginally by 0.9% over the previous year, while external debt as a ratio to GDP declined to 18.9% as of March 2023
Rupee’s fall to 83: What does it say about India’s fundamentals?
Except for sound forex reserve and external debt, other indicators like weak and K-shaped recovery, high fiscal deficits, high trade and current account deficits point to a prolonged crisis.
India’s external debt up 8.3% to $620.7 bn in FY22
FinMin says India’s external debt position, both over time and in cross-country comparison, is comfortable and prudently managed
