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    <title>India’s External Debt: A Status Report 2013-14 Released; India’s External Debt Stock Stood at US$ 440.6 Billion at end-March 2014, Increasing by US$ 31.2 Billion (7.6 per cent) Over the Level at end-March 2013</title>
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    <description>External debt rose to US$ 440.6 billion at end March 2014, up 7.6% from the prior year, driven mainly by long term borrowings and NRI deposits under the FCNR(B) swap. Long term debt was US$ 351.4 billion (79.7% of total) while short term debt fell to US$ 89.2 billion (20.3%). Government external debt was about US$ 81.5 billion. The external debt-GDP ratio was 23.3% and the debt service ratio 5.9%, with indicators judged comfortable relative to other developing countries.</description>
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    <pubDate>Fri, 29 Aug 2014 14:59:06 +0530</pubDate>
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      <description>External debt rose to US$ 440.6 billion at end March 2014, up 7.6% from the prior year, driven mainly by long term borrowings and NRI deposits under the FCNR(B) swap. Long term debt was US$ 351.4 billion (79.7% of total) while short term debt fell to US$ 89.2 billion (20.3%). Government external debt was about US$ 81.5 billion. The external debt-GDP ratio was 23.3% and the debt service ratio 5.9%, with indicators judged comfortable relative to other developing countries.</description>
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