TABLE 2.6
Interest on the Outstanding liabilities of Central Government
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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. Interest on internal 2373 19664 27546 33017 40034 47101 54726
liabilities
a)Internal debt 1369 9814 13542 15587 19168 22267 26730
i) Market
borrowings 808 6366 8147 9258 13205 15770 19154
ii) Others 561 3448 5395 6329 5963 6497 7576
b) Other internal 1004 9850 14004 17430 20866 24834 27996
liabilities
2. Interest on external 231 1834 3529 3724 4026 4899 5274
debt
3. Gross interest payments 2604 21498 31075 36741 44060 52000 60000
4. Net interest payments 809 12768 18587 21679 28252 33631 38607
(Average rate of interest)
1. Internal liabilities N.A. 8.2 8.7 9.2 9.3 9.7 9.9
a)Internal debt N.A. 7.4 7.8 7.8 7.8 8.4 8.8
i) Market
borrowings N.A. 10.2 10.4 11.3 11.9 12.0 12.1
ii) Others N.A. 4.9 5.7 5.4 4.4 4.8 5.2
b)Other Internal
liabilities N.A. 9.2 9.7 10.9 11.3 11.2 11.2
2. External debt N.A. 6.5 9.6 8.8 8.5 9.6 10.0
3. Total liabilities N.A. 8.0 8.8 9.1 9.2 9.7 9.9
Memorandum items
(a)Interest on External
Debt 231 1863 3578 3794 4026 4899
(b)Average rate of
interest N.A. 3.4 3.3 3.1 3.1 3.4
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Note : The interest liabilities indicated above are on cash basis and not on accrual basis.
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From the database of Ministry of Finance disseminated on Internet through NICNET