India's external debt increases $57 billion in one year

[Foxtrot Delta]

the bigger the economy gets chances are debt will also grow. for them this debt is peanuts. their economy will soon touch 2.5 - 3 Trillion$ per anum. this is like peanuts to them. however since they have many more people as compared to other nations around the world that 3 trillion number seems so small. they are growing their economy that's what happens with growth. Trump is happening to the world economy at the moment we (world) will soon recover if no wars are started .

 

[ziaulislam]

India's external debt at end-March 2017 stood at $472 billion
India's external debt at end-March 2018 stood at $529 billion

That's over $1 billion a week. What's going on?

Its still has dropped in gdp ratio and that's what really matters

 

[Skull and Bones]

Its still has dropped in gdp ratio and that's what really matters

And in the mean time, we have added around 80 billion in forex reserves.

 

[illusion8]

Really, no one cares what happens to your free fall. So enjoy your prosperity at $1 Billion / week in reverse direction. Cheers!

Wait for another 3-4 years when Indian economy shifts from middle gear to top gear.

 

[ranawat]

What reforms did he do other than demonetisation which affected the indian society adversely since of the fraudulent currency made its way back into the blood of economy.. That was just an experiment on behalf of the international bankers and he made 1.3 billion Indians guinea pigs.

Black money circulations is minimum now , spendings are under scanner, you can not purchase anything above 2 lakh by cash . Bank accounts are linked with pan card and adhar card .
Development works are more speedy, better atmosphere for investment fdi is coming . So we are comfortable.

 

[Novice09]

What reforms did he do other than demonetisation which affected the indian society adversely since of the fraudulent currency made its way back into the blood of economy.. That was just an experiment on behalf of the international bankers and he made 1.3 billion Indians guinea pigs.

1. FREE LPG CYLINDER DISTRIBUTION

2. DOOR TO DOOR GARBAGE COLLECTION BY ALL MUNICIPAL CORPORATIONS IN INDIA

3. ELECTRIFICATION OF 18000 VILLAGES

4. INFRASTRUCTURE - ROAD AND RAIL NETWORKS UPGRADES... NEW ONE BUILT...

5. NEW MEDICAL AND ENGINEERING INSTITUTES

6. DIGITIZATION

7. MUDRA LOANS TO START AND EXPAND BUSINESSES

8. BUILDING SANITATION FACILITIES IN ALL VILLAGES AND TOWNS OF INDIA

LIST IS LONG... AND ALL THIS IS HAPPENING WITH MINIMUM NEGATIVE IMPACT ON THE ECONOMY...


OUR ONLY PROBLEM IS DEPRECIATION OF RUPEES...

Many people in forex circles says that this is an artificial erosion as people who are investing in India want better value for each dollar...

 

[ranawat]

1. FREE LPG CYLINDER DISTRIBUTION

2. DOOR TO DOOR GARBAGE COLLECTION BY ALL MUNICIPAL CORPORATIONS IN INDIA

3. ELECTRIFICATION OF 18000 VILLAGES

4. INFRASTRUCTURE - ROAD AND RAIL NETWORKS UPGRADES... NEW ONE BUILT...

5. NEW MEDICAL AND ENGINEERING INSTITUTES

6. DIGITIZATION

7. MUDRA LOANS TO START AND EXPAND BUSINESSES

8. BUILDING SANITATION FACILITIES IN ALL VILLAGES AND TOWNS OF INDIA

LIST IS LONG... AND ALL THIS IS HAPPENING WITH MINIMUM NEGATIVE IMPACT ON THE ECONOMY...


OUR ONLY PROBLEM IS DEPRECIATION OF RUPEES...

Many people in forex circles says that this is an artificial erosion as people who are investing in India want better value for each dollar...

Yes that's it .