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udi Arabia, UK, Japan Debt-external: $90.7 billion (1997) Economic aid: recipient: ODA, $1.237 billion (1993); US ODA bilateral commitments $171 million; US Ex-Im bilateral commitments $680 million; Western (non-US) countries, ODA bilateral commitments $2.48 billion; OPEC bilateral aid $200 million; World Bank (IBRD) multilateral commitments $2.8 billion; Asian Development Bank (AsDB) multilateral commitments $760 million; International Finance Corporation (IFC) multilateral commitments $200 million; other multilateral commitments $554 million (1995-96) Currency: 1 Indian rupee (Re) = 100 paise Exchange rates: Indian rupees (Rs) per US$1-39.358 (January 1998), 36.313 (1997), 35.433 (1996), 32.427 (1995), 31.374 (1994), 30.493 (1993) Fiscal year: 1 April-31 March Communications Telephones: 12 million (1996) Telephone system: probably the least adequate telephone system of any of the industrializing countries; three of every four villages have no telephone service; only 5% of India's villages have long-distance service; poor telephone service significantly impedes commercial and industrial growth and penalizes India in global markets; slow improvement is taking place with the recent admission of private and private-public investors, but demand for communication services is also growing rapidly domestic: local service is provided mostly by open wire and obsolete electromechanical and manual switchboard systems; within the last 10 years a substantial amount of digital switch gear has been introduced for local service; long-distance traffic is carried mostly by open wire, coaxial cable, and low-capacity microwave radio relay; since 1985, however, significant trunk capacity has been added in the form of fiber-optic cable and a domestic satellite system with over 100 earth stations international: satellite earth stations-8 Intelsat (Indian Ocean) and 1 Inmarsat (Indian Ocean Region); submarine cables to Malaysia and UAE Radio broadcast stations: AM 96, FM 4, shortwave 0 Radios: 70 million (1992 est.) Television broadcast stations: 274 (government controlled) Televisions: 33 million (1992 est.) @India:Transportation Railways: total: 62,660 km (12,296 km electrified; 12,617 km double track) broad gauge: 39,612 km 1.676-m gauge narrow gauge: 19,210 km 1.000-m gauge; 3,838 km 0.762-m and 0.610-m gauge (1995 est.) Highways: total: 2.06 million km paved: 1,034,120 km unpaved: 1,025,880 km (1
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