South Asia
Black July anti-Tamil riots, Sri Lanka
Tamil refugee inflows into Tamil Nadu; set the conditions for India's later intervention
ReportedPress. Source: https://en.wikipedia.org/wiki/Indian_Peacekeeping_Force
Prime Minister: Indira Gandhi
Partition, planning, aid consortia and nationalised banks.
Bank Rate
10%
unchanged on 1982
Rupee per dollar
₹10.1
+6.5% on 1982
Inflation
11.87%
+3.98 pts on 1982
GDP growth
7.29%
+3.81 pts on 1982
Reserves
$8,216m
−0.3% on 1982
External debt
$30,649m
+13.8% on 1982
South Asia
Tamil refugee inflows into Tamil Nadu; set the conditions for India's later intervention
ReportedPress. Source: https://en.wikipedia.org/wiki/Indian_Peacekeeping_Force
Balance-of-payments constraint on trade policy (contextual)
A declassified CIA National Intelligence Estimate, India in the Mid-1980s: Goals and Challenges (NIE 31-83, 1983-01-14), devotes sections to "The Economy: Clouded Prospects Despite Liberalized Policies", "Economic Policies, New and Old Cures" and "International Payments, A Key Problem for the Mid-1980s", i.e. a contemporaneous external assessment that liberalisation was under way but externally constrained
ReportedOfficial record. Source: archive.org
| Creditor | Instrument | Amount | US$ m | Status | Grade |
|---|---|---|---|---|---|
| Bank syndicate (not named) | ICICI Eurocurrency loan (USD 30 mn + DM 45 mn) | repaid | verified | ||
| Swiss lender (not named) | ICICI Swiss franc export credit | 10 CHF | repaid | verified |
Rows are listed as recorded. Some describe the same loan from different sources and must not be added together.