Steps to Reduce External Debt December 02, 2011 India’s external debt stock stood at US$ 316.9 billion at end-June 2011.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Steps to Reduce External Debt December 02, 2011 India’s external debt stock stood at US$ 316.9 billion at end-June 2011. - News and Press Release Dated:- 2-12-2011 - News - Press Information Bureau .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Government of India Ministry of Finance 02-December-2011 18:10 IST The increase in external debt to US$ 316.9 billion at end-June 2011 from US$ 306.5 billion at end-March 2011 was larg .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ely on account of rise in commercial borrowings and short-term trade credits. Out of the total external debt of US$ 316.9 billion, long term external debt stood at US$ 248.4 billion while short term e .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xternal debt accounted for US$ 68.5 billion. The prudent external debt management policy followed by the Government of India emphasizes monitoring of long and short term debt, raising sovereign loan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s on concessional terms with long maturities, regulating external commercial borrowings through end-use and all-in-cost restrictions and rationalizing interest rates on Non-Resident India (NRI) Deposi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ts. As a result, the external debt on GDP ratio has declined from 21.1 per cent in 2001-02 and to 17.3 per cent in 2010-11 This information was given by the Minister of State for Finance, Shri Namo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Narain Meena in written reply to an Unstarred Question in Lok Sabha today. DSM/Hb - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X