Debt status in India
Debt status Report of Government of India Salient features of Central Government Debt are as under: i. Central Government Debt stood at 45.7 per cent of GDP at end-March 2019, witnessing a marginal decline from 45.8 per cent at end-March 2018. ii. General Government Debt (GGD)-GDP ratio worked out to 68.6 per cent at end-March 2019, slightlylower compared to 68.7 per cent at end-March 2018. iii. 94.1 per cent of total Central Government debt at end-March 2019 was domestic debt. Sovereign external debt constituted 2.7 per cent of GDP at end-March 2019, implying low currency risk to GoI debt portfolio. The sovereign external debt is entirely from official sources, providing safety fromvolatility in the international capital markets. iv. The share of marketable securities in internal debt stood at 84.4 per cent at end-March 2019, slightlylower than 86.1 per cent at end-March 2018. v. Public debt in India is primarily contracted at fixed interest rates, with floating internal debt con...