The external debt position of the country has been taking serious turn with the growing increase in the volume of debt, particularly during 1980s. In terms of rupee, total external debt of the country increased from Rs 14,520 crore in 1980 to Rs 1,30,199 crore in 1990 and then to Rs 3,15,435 crore in 1996. […]
External Debt Position in India (With Statistics)
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Debt Trap Controversy in India
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Debt Trap Controversy in India! The high level of external debt is a matter of continuous concern for the Government and the policy for the management of the external sector is consciously directed to keep debt burden within prudent level. The Economic Survey, 1995-96 observed, “The strategy for external debt management being followed by the […]