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    <title>External Debt Remains within Manageable Limits</title>
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    <description>India&#039;s external debt remained within manageable limits due to the external debt management policy and prudential restrictions; the stock rose to US$404.9 billion at end March 2013, reflecting inclusion of securitized bank borrowings in official statistics. Long term debt increased by 9.1% to US$308.2 billion, while short term debt by original maturity rose 23.7% to US$96.7 billion, influenced by elevated import levels.</description>
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