India External Debt: Centre allays concerns over $620.7 billion external debt, says its share only 21%

The Centre dismissed apprehensions about India‘s external debt, saying out of India’s total external liability of $620.7 billion, the Centre’s share is just $130.8 billion, 21% of the total debt liability. This also includes India’s Special Drawing Right (SDR) allocation. “The rumour doing the rounds that the central government is burdened with debt is baseless,” … Read more