India's Economic Data

TaxGoodSer%CurRev

This series was estimated by using data from the [[Report_of_the_Comptroller_and_Auditor_General_of_India_on_State_Finances

|Report of the Comptroller and Auditor General of India on State Finances]]. This series was estimated using taxes on sales and goods as a percentage of revenues minus grants from the Government of India relative to current revenues. 

XDebtPPG%GDP

Public and publicly guaranteed debt relative to GDP was estimated using data from the State Finances Reports 2011-2014 that were published by the Ministry of Finance of India and the Reserve Bank. This was estimated using table 7.14 by summing SDLs, Power Bonds, Compensation and other bonds, NSSF, and WMA from RBI relative to GDP in current rupees. Telangana and Andhra Pradesh were estimated using the 58/42 rule, which is a rule that was used to split the government debt between the two states when they were bifurcated in 2014, where 58% of the debt was attributed to Andhra Pradesh and 42% to Telangana. 

XDebtPri%TotalXDEBT

This series was estimated using data from the State Finances Reports 2011-2014 using data in table 7.14. This was estimated using the sum of Loans from Banks and other FI to total debt. Telangana and Andhra Pradesh were estimated using the 58/42 rule, which is the rule that was used to split the government debt between the two states when they were bifurcated in 2014, where 58% of the debt was attributed to Andhra Pradesh and 42% to Telangana. 

XReserves%GDP

India's subnational reserves were estimated using data from the State Finances Reports 2011-2014 using reserves and the GDP in current dollars from NITI Aayog. The reserve data in this series does not include gold reserves from the central bank, which is what this series is supposed to include, and because of this the series is normalized using ApplyMultAll to give an improved estimate of reserves. Telangana and Andhra Pradesh were estimated by the 58/42 split that was used to split the state's debt.