From the record
A quiet year in the ledgers
No dated event for 1986 has yet been extracted from the sources. The paper prints what is documented and leaves the rest blank, rather than guessing.
Prime Minister: Rajiv Gandhi
The Age Of Stars
Partition, planning, aid consortia and nationalised banks.
Vol. CXIIThe edition of 1986 · The Planned Republic1 records
- Prime Minister
- Rajiv Gandhi
- President
- Giani Zail Singh
- Finance Minister
- Vishwanath Pratap Singh
- RBI Governor
- R. N. Malhotra
Bank Rate
10%
unchanged on 1985
Rupee per dollar
₹12.6
+2.1% on 1985
Inflation
8.73%
+3.17 pts on 1985
GDP growth
4.78%
−0.48 pts on 1985
Reserves
$10,480m
+10.4% on 1985
External debt
$44,909m
+15.3% on 1985
The Ledger: what was borrowed in 1986
Full ledger →| Creditor | Instrument | Amount | US$ m | Status | Grade |
|---|---|---|---|---|---|
| Asian Development Bank | Loan LN0778 to ICICI, ADB's first loan to India | 100 USD | 100 | reported |
Rows are listed as recorded. Some describe the same loan from different sources and must not be added together.
