**Executive Summary**
This report from the Ministry of Finance provides data on Central Government Debt (CGD) and guaranteed debt, comparing the periods of July-September 2022 with the previous period. It includes details on both internal and external debt, along with other liabilities. The latest data observation is for Q3 2022 (July - September 2022).
**Key Points / Main Content**
* **Central Government Debt (CGD) - July/22 - Sep/22:**
* Total Public Debt: ₹1,31,15,166.17 Crore (1.9% increase)
* External Debt: ₹8,63,630.19 Crore (1.4% increase)
* Internal Debt: ₹1,22,51,535.98 Crore (1.9% increase)
* Other Liabilities: ₹11,39,183.77 Crore (-7.5% decrease)
* Total Debt: ₹1,42,54,349.94 Crore (1.1% increase)
* **Guaranteed Debt - July/22 - Sep/22:**
* Total Guaranteed Debt: ₹5,54,907.95 Crore (10.5% increase)
* Outstanding Guaranteed Debt: ₹4,39,003.97 Crore (7.9% increase)
* **Internal Debt Composition (Q3 2022):**
* Market loans: ₹86,03,600.25 Crore
* 14 day Treasury Bills: ₹1,18,279.33 Crore
* 182 day Treasury Bills: ₹2,86,149.27 Crore
* 364 day Treasury Bills: ₹4,65,445.18 Crore
* Securities against Small Savings: ₹20,43,941.92 Crore
* Special Securities Issued to Public Sector Banks: ₹2,90,947.60 Crore
* Other items include: market loans in course of repayment, 91 day Treasury Bills, special securities etc.
* **Public Account - Other Liabilities (Q3 2022):**
* National Small Savings Fund: ₹41,019.71 Crore
* State Provident Funds: ₹2,53,044.00 Crore
* Other Accounts: ₹4,54,044.90 Crore
* Reserve Funds & Deposits: ₹3,91,075.16 Crore
**Impact Analysis**
* **Government/Ministry of Finance:**
**Impact:** The data allows the government to assess the current debt situation, make informed decisions about borrowing, and manage fiscal policy.
**Action Required:** Analyze the trends, compare with targets, and adjust borrowing strategies as needed.
* **RBI (Reserve Bank of India):**
**Impact:** The RBI can utilize this information for monetary policy decisions and to manage government securities.
**Action Required:** Incorporate the debt data into monetary policy decisions and manage the government securities market.
* **Public Sector Banks:**
**Impact:** The data related to special securities issued to Public Sector Banks could affect these banks.
**Action Required:** Review any changes in special securities and their implications on their portfolios.
* **International Financial Institutions:**
**Impact:** Data on Securities issued to International Financial Institutions might impact these stakeholders.
**Action Required:** Review data on securities and their implications on their portfolios.
* **General Public/Taxpayers:**
**Impact:** The level of government debt can influence public finances and the overall economy.
**Action Required:** Stay informed about the government's debt position and its potential impact on the economy.
Key Entities Referenced
Central Government Debt [CGD]: The primary subject of the document, detailing various components of central government debt.
Ministry of Finance. Department of Economic Affairs. Budget Division.: The issuing ministry and department responsible for the data.
Special Data Dissemination Standard [SDDS] National Summary Data Page [NSDP]: Framework under which the data is being disseminated.
Public debt: Total debt of the government which is broken down further into components of external and internal debt
Market Stabilisation Scheme: Mechanism by which the RBI absorbs excess liquidity to curb inflation and money circulation.
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 Jul/22 - Sep/22 1,31,15,166.17 1,28,72,723.45previous to 1.9%
2. External debt ₹ Crore Jul/22 - Sep/22 8,63,630.19 8,51,805.95 1.4%
3. Internal debt ₹ Crore Jul/22 - Sep/22 1,22,51,535.98 1,20,20,917.50 1.9%
4. Other liabilities^^ ₹ Crore Jul/22 - Sep/22 11,39,183.77 12,31,126.17 -7.5%
5. TOTAL DEBT (1+4) ₹ Crore Jul/22 - Sep/22 1,42,54,349.94 1,41,03,849.62 1.1%
Guaranteed debt
I. Total guaranteed debt ₹ Crore Jul/22 - Sep/22 5,54,907.95 5,02,241.63 10.5%
II. Outstanding guaranteed debt ₹ Crore Jul/22 - Sep/22 4,39,003.97 4,06,872.21 7.9%
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 ₹ Q3 2022 86,03,600.25 82,81,911.42
(ii) Market loans in course of repayment Crore of ₹ Q3 2022 16.33 16.33
(iii) Market Stabilisation Bills / Bonds (Face Value) Crore of ₹ Q3 2022 0.00 0.00
(iv) 91 day Treasury Bills Crore of ₹ Q3 2022 1,68,610.23 2,41,010.10
(v) 91 day T.Bs funded into Spl Securities Crore of ₹ Q3 2022 0.00 0.00
(vi) Special Securities converted into Marketable Securities Crore of ₹ Q3 2022 24,687.95 33,359.99
(vii) Other Special Securities issued to RBI Crore of ₹ Q3 2022 0.00 0.00
(viii) 14 day Treasury Bills Crore of ₹ Q3 2022 1,18,279.33 1,73,714.89
(ix) 182 day Treasury Bills Crore of ₹ Q3 2022 2,86,149.27 3,42,217.96
(x) Market stabilisation Scheme Crore of ₹ Q3 2022 0.00 0.00
(xi) Ways and Means Advances Crore of ₹ Q3 2022 0.00 0.00
(xii) 364 day Treasury Bills Crore of ₹ Q3 2022 4,65,445.18 4,38,825.26
(xiii) Gold Bonds ^ Crore of ₹ Q3 2022 48,472.53 46,955.04
(xiv) Compensation & other bonds Crore of ₹ Q3 2022 1,03,980.39 1,09,654.91
(xv) Securities issued to International Financial Institutions Crore of ₹ Q3 2022 97,405.00 1,00,786.02
(xvi) Securities against Small Savings Crore of ₹ Q3 2022 20,43,941.92 19,61,517.98
(xvii) Cash Management Bills Crore of ₹ Q3 2022 0.00 0.00
(xviii) Special Securities Issued to Public Sector Banks Crore of ₹ Q3 2022 2,90,947.60 2,90,947.60
Total-Internal debt Crore of ₹ Q3 2022 1,22,51,535.98 1,20,20,917.50
2. External debt # Crore of ₹ Q3 2022 8,63,630.19 8,51,805.95
Total Public debt Crore of ₹ Q3 2022 1,31,15,166.17 1,28,72,723.45
B. Public Account - Other Liabilities Crore of ₹ Q3 2022 11,39,183.77 12,31,126.17
1. National Small Savings Fund Crore of ₹ Q3 2022 41,019.71 61,741.00
2. State Provident Funds Crore of ₹ Q3 2022 2,53,044.00 2,53,253.71
3. Other Accounts Crore of ₹ Q3 2022 4,54,044.90 4,51,354.00
(i) Special Deposits of Non-Government Provident Crore of ₹ Q3 2022 99,995.04 1,00,125.40
Funds,etc.
(ii) Other items. Crore of ₹ Q3 2022 3,54,049.86 3,51,228.60
4. Reserve Funds & Deposits Crore of ₹ Q3 2022 3,91,075.16 4,64,777.46
(i) Bearing interest Crore of ₹ Q3 2022 2,38,652.12 2,54,488.32
(ii) Not bearing interest Crore of ₹ Q3 2022 1,52,423.04 2,10,289.14
TOTAL DEBT Crore of ₹ Q3 2022 1,42,54,349.94 1,41,03,849.62
Guaranteed debt
(i) Total guaranteed debt Crore of ₹ Q3 2022 5,54,907.95 5,02,241.63
(ii) Outstanding guaranteed debt Crore of ₹ Q3 2022 4,39,003.97 4,06,872.21
Note: * Current, ** Previous, ***Q3= Third Quarter (Jul - Sep 2022)
https://dea.gov.in/central-government-borrowings
# Includes net cumulative SDR allocation from March 2004 onwards ( ₹173450.95 crore for 30th June 2022 and ₹172721.19 crore
for 30th September 2022)
^ Includes Gold Monetisation Scheme
^^ Excluding Investment in special securities of States under NSSF, NSSF Investments in public agencies, EBRs and adjusted Cash Balance at
quarter end