According to a comprehensive report compiled from data sourced from the Reserve Bank of India (RBI), Clearing Corporation of India, and the Securities and Exchange Board of India, India’s total debt has witnessed a significant uptick in the September quarter. The total outstanding bonds traded in the market surged to USD 2.47 trillion (Rs 205 lakh crore), marking an increase from the USD 2.34 trillion (Rs 200 lakh crore) reported in the March quarter of the previous fiscal year.
In the September quarter, the central government’s debt soared to USD 1.34 trillion (Rs 161.1 lakh crore), up from USD 1.06 trillion (Rs 150.4 lakh crore) in the preceding March quarter. This increase is detailed in data provided by the Reserve Bank of India and highlighted by Vishal Goenka, Co-Founder of Indiabonds.com. Notably, the central government’s debt now accounts for 46.04% of the total debt, amounting to Rs 161.1 lakh crore.
Q: What is the total debt of India in the September quarter?
A: India’s total debt reached Rs 205 trillion, with outstanding bonds trading at USD 2.47 trillion.
Q: How much is the central government’s debt, and what percentage does it constitute?
A: The central government’s debt is Rs 161.1 trillion, constituting 46.04% of the total debt.
Q: What is the contribution of state governments to the total debt?
A: State governments contribute 24.4% to the total debt, amounting to USD 604 billion.
Q: What role do treasury bills and corporate bonds play in the debt composition?
A: Treasury bills make up 4.51%, and corporate bonds constitute 21.52% of the total debt in the second quarter.
World AIDS Vaccine Day, also known as HIV Vaccine Awareness Day, is observed annually on…
The Indian government has announced plans for public sector companies like Coal India, NMDC, and…
In April, India's merchandise exports saw a modest 1% increase, reaching $34.99 billion, driven by…
The Open Network for Digital Commerce (ONDC), a digital infrastructure initiative launched in 2021, has…
In response to rising credit demand and falling liquidity, State Bank of India (SBI) has…
The Indian Army is poised to elevate its air defense capabilities with the impending delivery…