Although $267.7 Bn of debt is due in less than a year, but how much of that is Central Govt debt? Just $7.7 Bn: Amit Malviya

Those fantasising of a Sri Lanka type debt trap for India are indulging in blatant and deliberate misrepresentation of data.

India’s total external debt is $621 Bn of which Central Govt’s debt is just 21%. Nearly 50% of it is debt taken by non-Govt companies and households.

The selective data picking and misrepresentation continues…

Although $267.7 Bn of debt is due in less than a year, but how much of that is Central Govt debt? Just $7.7 Bn.

Yes, that is just less than 3%!

Again, the bulk of the repayments fall on non-Govt sector.

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