1. Total debt has risen from 104% of GDP in F2000 to 136% in F2014 (MSe). The rise in recent years is due to the decline in productivity of incremental credit.
2. India's total debt to GDP is in a fair range compared with other countries in the region (AxJ).
3. Incremental debt to GDP is highest for the government sector, followed by corporate sector.
4. External debt has risen faster than domestic debt.
5. Corporate saving-investment gap is at an 11-year low as CAPEX has declined due to Corrupt Congress Government and Policy Paralysis
6. Household saving-investment gap is lowest since F1990.
7. Share of financial savings in overall household savings has been declining
8. India’s government debt to GDP is on the higher side in the region.
9. Government is managing high borrowing needs with financial repression (real interest cost has been negative since F2009).
10. Stress is rising in financial sector balance sheets as impaired loans to GDP have risen to 10.2% from 3.4% in March 2008.
