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    <title>External Debt Position of the Country.</title>
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    <description>India&#039;s external debt rose to US$ 334.9 billion at end December 2011 (a 9.4% increase), mainly due to higher commercial borrowings and short term debt; the Government credits manageability to a debt management policy emphasising concessional long maturity sovereign loans, end use and all in cost restrictions on external commercial borrowings, rationalisation of NRI deposit interest rates, and monitoring of long and short term liabilities.</description>
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