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At end-March 2022, India’s external debt was placed at US$620.7 billion, recording an increase of US$47.1 billion over its level at end-March 2021. 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.
Under the Seventh Five-Year Plan, India strove to bring about a self-sustained economy in the country with valuable contributions from voluntary agencies and the general populace. The target growth rate was 5.0% and the actual growth rate was 6.01%. [12] and the growth rate of per capita income was 3.7%.
Global analysts cut their forecasts of India's real GDP growth rate for the financial year 2016–17 by 0.5 to 3% due to demonetisation. [147] [148] India's GDP in 2016 is estimated to be US$2.25 trillion, hence, each 1 per cent reduction in growth rate represents a shortfall of US$22.5 billion (₹1.54 trillion) for the Indian economy. [149]
The national debt of Pakistan ( Urdu: قومی قرضہ جاتِ پاکستان ), or simply Pakistani debt, is the total public debt, [ 1] or unpaid borrowed funds carried by the Government of Pakistan, which includes measurement as the face value of the currently outstanding treasury bills (T-bills) that have been issued by the federal ...
The Economic Survey of India in 2014-15 stated India could target foreign exchange reserves of US$750 billion-US$1 Trillion. [4] India's foreign exchange reserves are mainly composed of the United States Dollar in the forms of United States government bonds and institutional bonds. [5] [6] with nearly 7.34% of
The 2019 Balakot airstrike was a bombing raid conducted by Indian warplanes on 26 February 2019 in Balakot, Pakistan, against an alleged training camp of the terrorist group Jaish-e-Mohammed. [3] [4] Open source satellite imagery has revealed that no targets of consequence were hit. [1] [2] [5] The following day, Pakistan shot down an Indian ...
The Liaquat–Nehru Pact (or the Delhi Pact) was a bilateral treaty between India and Pakistan in which refugees were allowed to return to dispose of their property, [ 2] abducted women and looted property were to be returned, forced conversions were unrecognized, and minority rights were confirmed. The treaty was signed in New Delhi by the ...
High Commission of India, Islamabad. India–Pakistan relations are the bilateral ties between the Republic of India and the Islamic Republic of Pakistan. The two countries have a complex and largely hostile relationship that is rooted in a multitude of historical and political events, most notably the partition of British India in August 1947.