While the thread is not about India, but sure, I have already commented on that. India's Foreign Debt to Reserves ratio is 1.25 (USD 390 billion / USD 312 billion)
On Table 157 posted previously it is exclusively mentioned 'END MARCH', as of December 2013 India's external Debt stand at
$ 425.970 Billion
link to the full report of Ministry of Finance India: http://finmin.nic.in/the_ministry/dept_eco_affairs/economic_div/External_Debt_QDEC2013.pdf
and Forex reserves stand at $ 295.708 Billion, your posted figure of $ 312 is bogus as even as of 02nd May 14 it is below your quoted figures. don't know what do you want to prove by this manipulation.
link of the report from Reserve Bank of India website:
http://rbidocs.rbi.org.in/rdocs/Wss/PDFs/2T_WSS03012014F.pdf
here one interesting thing to note here
A)
Indian Foreign Loan as of December-13 425.970 Billion $
Less: Indian Foreign Loan as of March-91
(83.801 Billion $)
Increment in F. loan over the Period
342.169 Billion $
B)
Indian Forex Reserves as of December-13 295.708 Billion $
Less: Indian Forex Reserves as of March-91
(5.834 Billion $)
Increment in F. Reserve over the Period
289.874 Billion $
Incremental figures of A & B suggest that Indian Forex reserves Increase because of Increase of Foreign Loans, as you were commenting earlier in the context of Pakistan,
further to note India actually lost $ 52.295 billion of foreign loan in Trade deficit & other Foreign financial commitments over the period.
links already provided in my previous post.
against Pakistan's ratio of approx 6 (USD 72 billion / USD 12 billion)
Would you post any official document which can support your claim of 72 billion $ Foregin Loan of Pakistan.
Hence my comment on India being amply covered in terms of FOREX reserves to offset its external debt.
there is no economic analysis in which economist take ratio of Total Foreign Debt and Foregin Reserves as Foreign Debt is the liability to be paid over the period, the right way to analysis the F.Debt to F. reserve is Short Term F.Debt/ Forex Reserves.
The problem with the charts you have posted is that they show the change in Forex reserves and External debt and not the absolute values.
Download the tables from reserve Bank of India website links given in my previous post.