[ad_1] India’s exterior debt elevated by $11.5 billion sequentially in October-December 2021 to $ 614.9 billion, in comparison with the second quarter, official information launched on Thursday confirmed. It rose by $46.6 billion on a year-on-year foundation for the quarter below assessment. Nevertheless, as a proportion of the Gross Home Product (GDP), the exterior debt declined barely to twenty per cent as of December-end 2021 from 20.3 % as of September-end 2021. India’s exterior debt continues to be sustainable and prudently managed, mentioned the Finance Ministry within the quarterly exterior debt report for the quarter ended December 31, 2021. It…
