India's external debt
crosses $100-b mark
New Delhi: Indias foreign debt has crossed the
$100-billion mark. At March-end 2001, the outstanding stock of
India's external debt stood at $100.4 billion, up from $98.3
billion a year ago, finance ministry's external debt status
report, released here on Tuesday, showed.
India's foreign debt increased by $2.1 billion during just one
year between March-end 2000 and March-end 2001.
The increase in the debt was primarily due to the mobilisation of
$5.5 billion through India Millennium Deposits in October-November
2000.
According to the World Bank, the report said, India was close to
the "severely" indebted category in 1991 and remained as
a "moderately" indebted country till 1998. India has,
however, been recently upgraded to a "less indebted
country" category by the World Bank, reflecting the
sustainable improvement in key debt indicators for India at the
end of 1999.
Back to
News Review index page
Colour
TV sales rise 6.9 per cent
New Delhi: Colour television sales grew 6.9 per cent in
unit terms to 6.20 lakh sets during October 2001, compared to 5.80
lakh sets in the corresponding period previous year.
"There has been growth in volume terms, but no growth in
value terms, as prices have fallen," Consumer Electronics and
TV Manufacturers Association (CETMA) said while releasing sales
figures for October 2001.
Bblack & white television segment witnessed negative growth of
24 per cent to 1.90 lakh sets in October 2001 from 2.50 lakh sets
during the corresponding period previous year, mainly due to high
level of taxation on the product.
"The real flat category of TV, which is newer technology has
shown a growth from 5,000 sets in October 2000 to 20,000 in
October 2001," CETMA said.
During the period, radios witnessed a negative growth of 12 per
cent sliding to 2.20 lakh sets, from 2.50 lakh sets in October
last year.
Back to
News Review index page
|
