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- W2940773900 abstract "Growing external debt problem has been a cause of concern for the government since early 1970s with the oil price hike. Many factors had been responsible for the worsening of debt problem in the subsequent years. Development of basic industry, railways, power and manufacturing industries which compelled public authorities to contract growing amounts of foreign loans and credits. Deficit in balance of payments situation during planning period compelled India to resort to external borrowings leading to increase in external debt. Consequently a number of measures have been taken by the Government to ease the situation, specifically during the decade of 1990s. Although stern efforts have been made by the Government to ease the burden of external debt and the improvement was shown by a number of debt indicators, however, the absolute amount of debt did not show any reverse trend. Present paper attempts to study India's external debt problem and debt management policy in a comprehensive manner." @default.
- W2940773900 created "2019-05-03" @default.
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- W2940773900 date "2015-06-01" @default.
- W2940773900 modified "2023-09-24" @default.
- W2940773900 title "MANAGEMENT OF EXTERNAL DEBT- THE INDIAN EXPERIENCE" @default.
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