Debt increase declined by 60 percent in FY22 compared to FY21, DSCR turned positive for the first time

While total sectoral debt rose 24 percent to INR 6.20 lakh crore over FY20-FY22, the pace of debt addition slowed down considerably. Debt increased by INR 31,900 crore in FY22, versus INR 87,600 crore in FY21, marking a fall of 64 percent. Debt Service Coverage Ratio (DSCR) turned positive for the first time ever – improving from negative (-0.06) to 0.44 from FY20 to FY22, driven by an improvement in cash adjusted EBITDA.