Key-Points<\/strong><\/p>\n\n\n\nThe ratio of foreign currency reserves to external debt stood at 85.5% as at end-March, compared to 76% in 2019 March.<\/p>\n\n\n\n
External debt as a ratio to GDP rose marginally to 20.6%, from 19.8 %, \u2018India\u2019s External Debt: A Status Report: 2019-2020\u2019 showed.<\/p>\n\n\n\n
Sovereign debt shrank 3% to $100.9 billion. This decrease was primarily due to a fall in FII investment in G-Secs \u2014 the second-largest constituent \u2014 by 23.3% to $21.6 billion, from $28.3 billion in 2019.<\/p>\n\n\n\n
Loans from multilateral and bilateral sources under external assistance \u2014 the largest constituent of sovereign debt \u2014 grew 4.9% to $87.2 billion.<\/p>\n\n\n\n
Non-sovereign debt, on the other hand, rose 4.2% to $457.7 billion mainly due to an increase in commercial borrowings \u2014 the largest constituent \u2014 by 6.7% to $220.3 billion.<\/p>\n\n\n\n
Outstanding NRI deposits \u2014 the second-largest constituent \u2014 at $130.6 billion was almost equal to the level a year earlier.<\/p>\n\n\n\n
Non-financial corporations accounted for 42% of total debt.<\/p>\n","protected":false},"excerpt":{"rendered":"
India\u2019s total external debt increased by 2.8% to $558.5 billion at the end of March mainly on account of a rise in commercial borrowings,. External debt was $543 billion a year earlier. Daily Current Affairs Quiz 2020 Key-Points The ratio of foreign currency reserves to external debt stood at 85.5% as at end-March, compared to […]<\/p>\n","protected":false},"author":404,"featured_media":28729,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1273],"tags":[82],"class_list":["post-28728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-september-2020","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/28728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=28728"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/28728\/revisions"}],"predecessor-version":[{"id":28730,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/28728\/revisions\/28730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/28729"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=28728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=28728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=28728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}