Home India Ministry of Finance Central Government Debt for the quarter ended March - 2023 (...
Date: 2023-06-28 Category: Tender Document State: Union Government Country: India

Central Government Debt for the quarter ended March - 2023 (Q1)

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

**Executive Summary** This document presents data on the Central Government Debt (CGD) for the period of Jan/23 - Mar/23 (Q1 2023). It includes details of public debt, external debt, internal debt, other liabilities, total debt, and guaranteed debt. The data compares the latest observations with previous data. **Key Points / Main Content** * **Central Government Debt (CGD):** * **Public Debt (2+3):** ₹1,40,05,677.25 Crore (Jan/23 - Mar/23) * **External Debt:** ₹9,31,945.55 Crore (Jan/23 - Mar/23) * **Internal Debt:** ₹1,30,73,731.70 Crore (Jan/23 - Mar/23) * **Other Liabilities:** ₹11,59,207.00 Crore (Jan/23 - Mar/23) * **Total Debt (1+4):** ₹1,51,64,884.25 Crore (Jan/23 - Mar/23) * **Total Guaranteed Debt:** ₹5,22,822.83 Crore (Jan/23 - Mar/23) * **Outstanding Guaranteed Debt:** ₹4,25,583.45 Crore (Jan/23 - Mar/23) * **Internal Debt Components (Q1 2023):** * Market Loans: ₹91,41,217.06 Crore * Market Loans in course of repayment: ₹15.58 Crore * 91 day Treasury Bills: ₹1,14,937.64 Crore * Special Securities converted into Marketable Securities: ₹24,687.95 Crore * 14 day Treasury Bills: ₹2,13,983.94 Crore * 182 day Treasury Bills: ₹2,63,091.60 Crore * 364 day Treasury Bills: ₹4,45,283.50 Crore * Gold Bonds: ₹52,776.40 Crore * Compensation & other bonds: ₹1,01,708.29 Crore * Securities issued to International Financial Institutions: ₹96,624.73 Crore * Securities against Small Savings: ₹22,79,780.41 Crore * Special Securities Issued to Public Sector Banks: ₹2,90,947.60 Crore * Total-Internal Debt: ₹1,30,73,731.70 Crore * **External Debt:** * External Debt: ₹9,31,945.55 Crore * **Public Account - Other Liabilities (Q1 2023):** * National Small Savings Fund: ₹3,886.02 Crore * State Provident Funds: ₹2,62,280.31 Crore * Other Accounts: ₹4,08,892.09 Crore * Reserve Funds & Deposits: ₹4,84,148.58 Crore **Impact Analysis** **Ministry of Finance** * **Impact:** The report provides a detailed overview of the Central Government Debt, which is crucial for fiscal planning and management. * **Action Required:** Use the data for policy decisions and to ensure effective debt management. **Department of Economic Affairs** * **Impact:** The data is relevant to the department's responsibilities in managing the nation's economy and debt. * **Action Required:** Analyze the data to formulate strategies for economic growth and stability. **Budget Division** * **Impact:** The report provides necessary inputs for budget preparation and monitoring. * **Action Required:** Incorporate the debt data into the budget planning process.

Key Entities Referenced

Central Government Debt [CGD]: Aggregate debt of the central government as tracked by the Ministry of Finance. Ministry of Finance: Primary entity responsible for publishing the data on government debt. Special Data Dissemination Standard [SDDS]: Framework for data reporting. Standard that this document aligns with. National Summary Data Page [NSDP]: The data page itself, which is part of the Special Data Dissemination Standard. Market Stabilisation Scheme: Scheme pertaining to Market Stabilisation Bills / Bonds, which are categorized as Internal Debt.
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Ministry of Finance.Department of Economic Affairs. Budget Division. Special Data Dissemination Standard [SDDS] National Summary Data Page [NSDP] Central Government Debt [CGD] SDDS DATA CATEGORY AND COMPONENT Unit of Period of Latest Data Latest Data Previous Data Percentage Description change from 1. Public debt (2+3) ₹ Crore Jan/23 - Mar/23 1,40,05,677.25 1,34,40,108.91previous to 4.2% 2. External debt ₹ Crore Jan/23 - Mar/23 9,31,945.55 9,16,550.64 1.7% 3. Internal debt ₹ Crore Jan/23 - Mar/23 1,30,73,731.70 1,25,23,558.27 4.4% 4. Other liabilities^^ ₹ Crore Jan/23 - Mar/23 11,59,207.00 11,95,157.10 -3.0% 5. TOTAL DEBT (1+4) ₹ Crore Jan/23 - Mar/23 1,51,64,884.25 1,46,35,266.01 3.6% Guaranteed debt I. Total guaranteed debt ₹ Crore Jan/23 - Mar/23 5,22,822.83 5,60,985.90 -6.8% II. Outstanding guaranteed debt ₹ Crore Jan/23 - Mar/23 4,25,583.45 4,38,659.01 -3.0% FISCAL SECTOR FISCAL SECTOR SDDS DATA CATEGORY AND COMPONENT Foot notes Unit Date of Latest Data Data Observations More info Description Observation*** Observations Latest Data-1** Metadata Home Latest Data* CENTRAL GOVERNMENT DEBT A. Public debt 1.Internal Debt (i) Market loans Crore of ₹ Q1 2023 91,41,217.06 88,68,748.85 (ii) Market loans in course of repayment Crore of ₹ Q1 2023 15.58 16.22 (iii) Market Stabilisation Bills / Bonds (Face Value) Crore of ₹ Q1 2023 0.00 0.00 (iv) 91 day Treasury Bills Crore of ₹ Q1 2023 1,14,937.64 1,91,392.56 (v) 91 day T.Bs funded into Spl Securities Crore of ₹ Q1 2023 0.00 0.00 (vi) Special Securities converted into Marketable Securities Crore of ₹ Q1 2023 24,687.95 33,359.99 (vii) Other Special Securities issued to RBI Crore of ₹ Q1 2023 0.00 0.00 (viii) 14 day Treasury Bills Crore of ₹ Q1 2023 2,13,983.94 1,77,526.87 (ix) 182 day Treasury Bills Crore of ₹ Q1 2023 2,63,091.60 1,94,762.54 (x) Market stabilisation Scheme Crore of ₹ Q1 2023 0.00 0.00 (xi) Ways and Means Advances Crore of ₹ Q1 2023 48,677.00 0.00 (xii) 364 day Treasury Bills Crore of ₹ Q1 2023 4,45,283.50 4,53,775.84 (xiii) Gold Bonds ^ Crore of ₹ Q1 2023 52,776.40 50,216.32 (xiv) Compensation & other bonds Crore of ₹ Q1 2023 1,01,708.29 1,07,560.80 (xv) Securities issued to International Financial Institutions Crore of ₹ Q1 2023 96,624.73 99,576.28 (xvi) Securities against Small Savings Crore of ₹ Q1 2023 22,79,780.41 20,55,674.40 (xvii) Cash Management Bills Crore of ₹ Q1 2023 0.00 0.00 (xviii) Special Securities Issued to Public Sector Banks Crore of ₹ Q1 2023 2,90,947.60 2,90,947.60 Total-Internal debt Crore of ₹ Q1 2023 1,30,73,731.70 1,25,23,558.27 2. External debt # Crore of ₹ Q1 2023 9,31,945.55 9,16,550.64 Total Public debt Crore of ₹ Q1 2023 1,40,05,677.25 1,34,40,108.91 B. Public Account - Other Liabilities Crore of ₹ Q1 2023 11,59,207.00 11,95,157.10 1. National Small Savings Fund ^^ Crore of ₹ Q1 2023 3,886.02 78,640.44 2. State Provident Funds Crore of ₹ Q1 2023 2,62,280.31 2,51,678.21 3. Other Accounts Crore of ₹ Q1 2023 4,08,892.09 4,30,468.95 (i) Special Deposits of Non-Government Provident Crore of ₹ Q1 2023 99,606.36 99,768.16 Funds,etc. (ii) Other items. Crore of ₹ Q1 2023 3,09,285.73 3,30,700.79 4. Reserve Funds & Deposits Crore of ₹ Q1 2023 4,84,148.58 4,34,369.50 (i) Bearing interest Crore of ₹ Q1 2023 2,63,771.72 2,51,634.32 (ii) Not bearing interest Crore of ₹ Q1 2023 2,20,376.86 1,82,735.18 TOTAL DEBT Crore of ₹ Q1 2023 1,51,64,884.25 1,46,35,266.01 Guaranteed debt (i) Total guaranteed debt Crore of ₹ Q1 2023 5,22,822.83 5,60,985.90 (ii) Outstanding guaranteed debt Crore of ₹ Q1 2023 4,25,583.45 4,38,659.01 Note: * Current, ** Previous, ***Q1= First Quarter (Jan-Mar 2023) https://dea.gov.in/central-government-borrowings # Includes net cumulative SDR allocation from March 2004 onwards(Crore of ₹) 183020.55 182497.64 ^ Includes Gold Monetisation Scheme ^^ Excluding Investment in - (i) Special Securities of States under NSSF (Current Quarter): 357702.54(ii) NSSF Investments in public agencies (Current Qtr): 85920.00 EBR and cash balance not adjusted in Total Debt

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