The Economic Survey of India, 1997


Outstanding Liabilities of the Central Government
[TABLE 2.5]

 

   

1980-81

1990-91

1992-93

1993-94

1994-95

1995-96
(RE)

1996-97
(BE)

    in crores

1

Internal liabilities

48451

283033

359654

430623

487682

553276

613208

a)

Internal Debt

30864

154004

199100

245712

266467

303359

332883

i)

Market borrowings

15676

70565

81752

110680

131007

158507

184005

ii)

Others

15188

83439

117348

135032

135460

144852

148878

b)

Other Internal liabilities

17587

129029

160554

184911

221215

249917

280325

2

External debt(outstanding)1

11298

31525

42269

47345

50929

52666

54902

3

Total outstanding liabilities(1+2)

59749

314558

401923

477968

538611

605942

668110

4

Amount due from Pakistan on account of share of pre-partition debt

300

300

300

300

300

300

300

5

Net liabilities (3-4) (As per cent of GDP )

59449

314258

401624

477668

538311

605642

667810

1

Internal liabilities

35.6

52.9

50.9

53.2

51.1

50.4

49.1

a)

Internal Debt

22.7

28.8

28.2

30.3

27.9

27.6

26.6

i)

Market borrowings

11.5

13.2

11.6

13.7

13.7

14.4

14.7

ii)

Others

11.2

15.6

16.6

16.7

14.2

13.2

11.9

b)

Other Internal liabilities

12.9

24.1

22.7

22.8

23.2

22.7

22.4

2

External debt(outstanding)1

8.3

5.4

6

5.8

5.3

4.8

4.4

3

Total outstanding liabilities

43.9

58.7

56.9

59

56.5

55.2

53.4

 

Memorandum items

             
 

External Debt (Rs.crore)2

13479

66314

120979

127798

142514

148387

 
 

(as per cent of GDP)

9.9

12.4

17.1

15.8

14.9

13.5

 
 

Total outstanding liabilities(adjusted)

61930

349347

480633

558421

630196

701663

 
 

(as per cent of GDP)

45.5

65.2

68.1

69

66.1

63.9

 
 

Outstanding liabilities (Non-RBI)3 (Rs.crore)

48495

275292

387973

453780

525823

590813

 
 

Outstanding liabilities (Non-RBI) (as per cent of GDP)

35.7

51.4

55

56

55.1

53.8

 
  1. External debt figures represent borrowings by Central Government from external sources and are based on historical rates of exchange

  2. Converted at exchange rates at the end of the year

  3. This includes marketable dated securties held by the RBI.

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The Economic Survey Of India, 1997

Document released by the Ministry of Finance, Government of India, on 25th February, 1997.
Made available on the Web on the same day, by MediaWeb India, on
The Indian Economy Overview (http://www.m-web.com).

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