Liabilities Of Central Government

Table 2.4 Interest on outstanding internal Liabilities of Central Government
Outstanding Internal Liabilities
Interest on Internal Liabilities
Average cost of Borrowing (percent per annum)
(Rs. Crore)
1990-91 283033 19664 8.2
1991-92 317714 23892 8.4
1992-93 359654 27546 8.7
1993-94 430623 33017 9.2
1994-95 487682 41034 9.3
1995-96 554984 45631 9.4
1996-97 621438 55255 10.0
1997-98 722962 61527 9.9
1998-99 834551 73519 10.2
1999-00 962592 85741 10.3
2000-01 1102596 94900 9.9
2001-02 (RE) 1265783 102940 9.3
2002-03 (BE) 1435663 113070 8.9

 

Note : Average cost of borrowing is the percentage of interest payment in year 't' to outstanding liabilities in year 't-1'.

Source : Budget documents.

Outstanding liabilities of the Central Government
1990-91
1997-98
1998-99
99-2000
2000-01
2001-02
2002-03
RE BE
Rs. Crores
1. Internal liabilities
283033
72962
834551
962592
110296
1265783
1435663
(a) Internal debt
154004
388998
459696
714254
803698
909052
1021739

i) Market borrowings

70520
216598
285584
355862
428793
517073
617932

ii) Others

83484
172400
174112
358392
374905
391979
403807
(b) Other Internal liabilities
129029
333964
37485
248338
298898
356731
41394
2. External debt (outstanding)
31525
55332
57255
58437
65945
67899
68520
3. Total outstanding liabilities (1+2)
314558
778294
891806
1021029
1168541
1333682
1504183
4. Amount due from Pakistan on a/c.of share of prepartition debt

300
300
300
300
300
300
300
Net liabilities (3-4)
314258
777994
891506
1020729
1168241
1333682
1503883
(As percent of GDP)
1. Internal liabilities
49.8
47.5
47.9
49.7
52.4
55.1
58.6
(a) Internal debt
27.1
25.5
26.4
36.9
38.2
39.6
41.7

i) Market borrowings

12.4
14.2
16.4
18.4
20.4
22.5
25.2

ii) Others

14.7
11.3
10
18.5
17.8
17.1
16.5
(b) Other Internal liabilities
22.7
21.9
21.5
12.8
14.2
15.5
16.9
2. External debt (outstanding)
5.5
3.6
3.3
3
3.1
3
2.8
3. Total outstanding liabilities
5.5
3.6
3.3
3
3.1
3
2.8
Source : 1.Budget document, 2.Controller of Aid Accounts and Audit, 3.Resere Bank of India.
 
 
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