author(s)
Dr. Swami Prasad Saxena and Dr. Ishan Shanker

abstract
This paper is an attempt to examine management and sustainability position of India’s external debt. It first discusses intricacies of India’s external debt management policy, and then assesses sustainability position of India’s external debt during a period from 1990-91 to 2016-17 by using present value approach prescribed by World Bank and International Monetary Fund (IMF). The study observes that India’s external debt is well managed and within sustainable limits.