TNPSC Thervupettagam

External Debt of India

July 6 , 2020 1362 days 725 0
  • According to the RBI, India’s external debt stood at $558.5 billion in March 2020.
  • It is an increase of $15.4 billion or 2.8% as compared to the March 2019.
  • The largest component of the external debt is Commercial borrowings with a share of 39.4%.
  • It is followed by non-resident deposits at 23.4% and short-term trade credit at 18.2%.
  • In terms of currency, the United States (US) dollar-denominated debt continued to be the largest component with a share of 53.7%.
  • It is followed by the Indian rupee (31.9%), yen (5.6%), SDR (4.5%) and the euro (3.5%).

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories