From the record
A quiet year in the ledgers
No dated event for 1996 has yet been extracted from the sources. The paper prints what is documented and leaves the rest blank, rather than guessing.
Prime Ministers: P. V. Narasimha Rao, Atal Bihari Vajpayee, H. D. Deve Gowda
The Age Of Stars
The gold airlift, liberalisation, and a floating rupee.
Vol. CXXIIThe edition of 1996 · The Open Economy1 records
- Prime Ministers
- P. V. Narasimha Rao · Atal Bihari Vajpayee · H. D. Deve Gowda
- President
- Shankar Dayal Sharma
- Finance Ministers
- Jaswant Singh · Palaniappan Chidambaram
- RBI Governor
- C. Rangarajan
Bank Rate
12%
unchanged on 1995
Rupee per dollar
₹35.51
+9.5% on 1995
Inflation
8.98%
−1.25 pts on 1995
GDP growth
7.55%
−0.02 pts on 1995
Reserves
$24,889m
+8.9% on 1995
External debt
$93,966m
+0.2% on 1995
The Ledger: what was borrowed in 1996
Full ledger →| Creditor | Instrument | Amount | US$ m | Status | Grade |
|---|---|---|---|---|---|
| ECB lenders (aggregate) | ECB approvals, FY1996-97 | 8,581 USD | 8,581 | flow | verified |
Rows are listed as recorded. Some describe the same loan from different sources and must not be added together.
