ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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India s Mounting External Debt and-Servicing Burden

India's Mounting External Debt and Servicing Burden S K Verghese Wilson Varghese An attempt is made in this paper to estimate the current magnitude of India's external debt and debt service obligations, the evolution of the debt over time and the factors that have contributed to the growth of the debt and service burden. The policy options available to India at the present juncture to keep the debt and debt service burden within manageable limits are also briefly examined.

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