Page 3 - Latest Updates on Public debt

Ratio of India's public debt to GDP likely to scale a new high in FY21

According to the Reserve Bank of India (RBI) data, the combined liabilities of the Centre and the state governments were around Rs 147 trillion at the end of March 2020

India's fiscal gap one of the highest among major emerging markets

Combined expenditure of central and state governments exceeded revenues by around 7.5% of GDP in 2019

India should avoid fiscal stimulus and reduce public debt, IMF says

Government needs a credible consolidation path to rein in debt, including reducing subsidies and boosting the tax base, says IMF.

Global debt load surges to new all-time record high of $188 trn: IMF chief

That is up from the previous record of $164 trillion in 2016, according to IMF figures

Govt's total liabilities rise to Rs 82 trn by Sept end, shows FinMin data

The holding pattern indicates a share of 41.4% for commercial banks and 24.6% for insurance companies by end-Sept 2018

Need to focus on reducing public debt in next 4-5 years: DEA Secretary Garg

Rating agencies have raised concerns over the level of public debt

Govt will focus more on public debt management in coming years: DEA secy

We focus more on the fiscal deficit currently, but going forward that (public debt) is the area that we will focus, says DEA Secy Garg

Lessons of the 1990s

Both quality and quantity of public debt are important dimensions in a financial crisis

Public debt falls to Rs 61 lakh crore at end of 2016-17: Govt

After demonetisation, liquidity in the economy was in surplus during the quarter in consisderation

How much do people owe their countries?

Gross national debt of US and Japan is $1,899 bn and $1,000 bn, respectively

Public debt dips marginally to Rs 55.73 lakh cr in Q4 FY16