TABLE 2.5
Outstanding Liabilities of the Central Government
At the end of :
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1980-81 1990-91 1992-93 1993-94 1994-95 1995-96 1996-97
(RE) (BE)
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(Rs.Crore)
1. Internal liabilities 48451 283033 359654 430623 487682 553276 613208
a) Internal Debt 30864 154004 199100 245712 266467 303359 332883
i) Market borrowings 15676 70565 81752 110680 131007 158507 184005
ii) Others 15188 83439 117348 135032 135460 144852 148878
b) Other Internal 17587 129029 160554 184911 221215 249917 280325
liabilities
2. External debt(outstanding)1 11298 31525 42269 47345 50929 52666 54902
3. Total outstanding liabilities 59749 314558 401923 477968 538611 605942 668110
(1+2)
4. Amount due from Pakistan on acco- 300 300 300 300 300 300 300
unt of share of pre-partition debt
5. Net liabilities (3-4) 59449 314258 401624 477668 538311 605642 667810
(As per cent of GDP )
1. Internal liabilities 35.6 52.9 50.9 53.2 51.1 50.4 49.1
a) Internal Debt 22.7 28.8 28.2 30.3 27.9 27.6 26.6
i) Market borrowings 11.5 13.2 11.6 13.7 13.7 14.4 14.7
ii) Others 11.2 15.6 16.6 16.7 14.2 13.2 11.9
b) Other Internal
liabilities 12.9 24.1 22.7 22.8 23.2 22.7 22.4
2. External debt(outstanding)1 8.3 5.4 6.0 5.8 5.3 4.8 4.4
3. Total outstanding liabilities 43.9 58.7 56.9 59.0 56.5 55.2 53.4
Memorandum items
External Debt (Rs.crore)2 13479 66314 120979 127798 142514 148387
(as per cent of GDP) 9.9 12.4 17.1 15.8 14.9 13.5
Total outstanding liabilities(adjusted) 61930 349347 480633 558421 630196 701663
(as per cent of GDP) 45.5 65.2 68.1 69.0 66.1 63.9
Outstanding liabilities (Non-RBI)3
(Rs.crore) 48495 275292 387973 453780 525823 590813
Outstanding liabilities (Non-RBI)
(as per cent of GDP) 35.7 51.4 55.0 56.0 55.1 53.8
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1 External debt figures represent borrowings by Central Government from external sources and are
based on historical rates of exchange.
2 Converted at exchange rates at the end of the year.
3 This includes marketable dated securties held by the RBI.
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From the database of Ministry of Finance disseminated on Internet through NICNET