Prahladrai Dalmia Lions College
SYB
MS
PUBLIC DEBT

GROUP
MEMBERS
NAME ROLL NO.
SAGAR CHENNA 2005
MOMITA MANDAL 2031
SHAHWEZ AKHTAR 2068
KRISHNA JOSHI 2018
CHIRAG BHANARI 2002
BHAKTI SINGH 2076

WHAT IS PUBLIC DEBT?
Public Debt is the loan taken by
the Government, to overcome the
Government Expenditure.
WHAT IS FISCAL DEFICIT?
Loan taken by the Government for the
Economic Year.
Eg:- Government Expenditure Government
Revenue
(100) (90)
(10)
[Borrowed from Market]

ALLOWENCE/TYPES
PUBLIC DEBT – CENTRAL GOVERNMENT
GENERAL PUBLIC DEBT –
CENTRAL & STATE GOVERNMENT
TWO MAIN TYPES:-
INTERNAL EXTERNAL
(GOVERNMENT (FOREIGN)
SECURITIES)
MORE LESS

2017

 GROSS FISCAL DEFICIT:-
Fiscal deficit: 649418
Fiscal deficit as % of GDP: 3.4
 GENERAL GOVERNMENT DEBT:-
General Government Debt: 13023102 Crores
General Government Debt as percentage of GDP: 68.6%
 PUBLIC DEBT:-
Public Debt: 75.9 lakh crores (or 40.0% of GDP) as at end March
2019
 INTERNAL DEBT:-
7O.7 lakh crore (or 37.3 of GDP) as at end March 2019
 EXTERNAL DEBT:-
5.12 lakh crore (or 2.7 of GDP) as at end March 2019
2018

PUBLIC DEBT:-
Public debt denotes liabilities
payable by the central
government which are contracted
against the consolidated fund of
India. It has been further
Classified under Two heads i.e
Internal Debt & External Debt.
INTERNAL DEBT:-
Internal debt of the central
government consists of marketable
securities. Marketable securities
include fixed tenor & floating rate
dated securities & short term
borrowings through treasury bills.
NON - MARKETABLE SECURITIES:-
Non-Marketable securities accounted
for 14.6% of public debt & 12.8%
of total liabilities at end march
2019. It comprises of special
securities issued against small
savings, securities issued to
international financial institutions.
EXTERNAL DEBT:-
External debt accounted for
6.8% of total Public debt of the
Central Government. The entire
external debt, in terms of
original maturity is long – term &
a major part is a fixed interest
rates.

 INDIAN GOVERNMENT DEBT:
India government debt was at level of 89.6% in 2020, up from 73.9% previous year.
 INDIA PUBLIC DEBT:
India’s public debt to gross domestic product is likely to increase to a record high of 89.3 per cent in
2020, breaking the previous high of 84.2 per cent in 2003.
 INDIA GOVERNMENT TOTAL LIABILITIES:
The total liabilities of the government were Rs. 109.26 lakh crore at end December 2020. Public
debt accounted for 88.10 per cent of total outstanding liabilities at end March 2021.
 EXTERNAL DEBT OF INDIA:
India’s external debt was US$ 570 billion at the end of March 2021. It recorded an increase of US$
11.6 billion over its level at end of March 2020.
 INTERNAL DEBT OF INDIA:
In May last year, the government had announced that it would increase its gross market borrowing
for the financial year 2021 by more than 50 per cent to Rs 12 lakh crore from Rs 7.8 crore
budgeted earlier.
 FISCAL DEFICIT:
The central government's fiscal deficit stood at Rs 2.74 lakh crore or 18.2 per cent of the full
year's Budget estimate at the end of June, according to data released by CGA.
 FINANCE STATISTICS:
Finance statistics published by the Central Statistics Office (CSO) show gross government debt
climbed to €217.9 billion in 2020.The State's debt to GDP ratio was put at 58.4 per cent, up from
2020

GROSS FISCAL DEFICIT:-
The Gross Fiscal Deficit
across Maharashtra was
about 546 billion Indian
rupees.
GENERAL GOVERNMENT DEBT:-
Government Debt to GDP in
India is expected to reach
85.00 percent of GDP by
the end of 2021.
PUBLIC DEBT:-
Short term debt in total
external debt increased
marginally to 17.9 per cent
at end-June 2021 from
17.7 per cent at end-March
2021.
INTERNAL DEBT:-
The outstanding
Internal debt & other
liabilities of the
government of India
at the end of 2021-
EXTERNAL DEBT:-
India’s external debt was
placed at US$ 571.3
billion, recording an
increase of US$ 1.6 billion
over its level at end-March
2021.

CONCLUSION:-
Overall during the year, combined gross market
borrowings of centre & states were conducted
successfully in line with the guiding principles of
debt management. The RBI also announced a
number of measures to manage the stress on the
finances of both central & state governments.
Going ahead , smooth completion of the
government borrowing programme for the year &
consolidation of government debt will be the key
areas of focus of the reserve Bank.