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    <title>Department of Economic Affairs, Ministry of Finance releases Quarterly Statistics on India’s External Debt for the Quarters at end-September 2016; India’s External Debt at end-September 2016 stock stood at US$ 484.3 billion, recording a decline of US$ 0.8 billion (0.2 per cent) over the level at end-March 2016</title>
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    <description>Quarterly statistics on India&#039;s external debt at end-September 2016 report a marginal contraction in aggregate external liabilities compared with end-March 2016 and a sequential increase from end-June 2016. Total external debt stood at US$ 484.3 billion, driven by reductions in commercial borrowings and short term external debt, with long term borrowings constituting 83.2% of the total and short term debt 16.8%. Short term debt ratios to foreign exchange reserves declined modestly while the share of concessional debt remained around 9-9.4%.</description>
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    <pubDate>Fri, 30 Dec 2016 17:23:10 +0530</pubDate>
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      <description>Quarterly statistics on India&#039;s external debt at end-September 2016 report a marginal contraction in aggregate external liabilities compared with end-March 2016 and a sequential increase from end-June 2016. Total external debt stood at US$ 484.3 billion, driven by reductions in commercial borrowings and short term external debt, with long term borrowings constituting 83.2% of the total and short term debt 16.8%. Short term debt ratios to foreign exchange reserves declined modestly while the share of concessional debt remained around 9-9.4%.</description>
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