The share of the public debt of the government of India in the form of internal and external loans in total liabilities decreased from 74.4% in 2000-01 to 64.9% in 2006-07, but consistently increased thereafter to a budgeted 78.0% in 2012-13. During the same period, the share of contractual savings such as provident funds and small savings, after increasing from 25.6% to 35.1%, declined to touch a low of 22.0%. Public debt as a share of gross domestic product at market prices went up from 36.8% in 2010-11 to a budgeted 38.6% in 2012-13.
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