ETV Bharat / business

Govt to borrow Rs 2.68 lakh crore in H2 FY20

Out of the gross borrowing for Rs 7.10 lakh crore budgeted for 2019-20 fiscal, as much as 62.5 per cent has already been borrowed during April-September

Govt to borrow Rs 2.68 lakh crore in H2 FY20
author img

By

Published : Sep 30, 2019, 7:01 PM IST

New Delhi: The government will borrow Rs 2.68 lakh crore in the second half of current fiscal, Economic Affairs Secretary Atanu Chakraborty said on Monday.

Out of the gross borrowing for Rs 7.10 lakh crore budgeted for 2019-20 fiscal, as much as 62.5 per cent has already been borrowed during April-September, he told reporters.

The government, he said, is maintaining guide path for maintaining 3.3 per cent fiscal deficit target for 2019-20.

During the first half, the government has raised Rs 4.42 lakh crore, about 62 per cent of the total borrowing.

Read more: India's real GDP growth likely to be 5.2 per cent this fiscal: EIU

New Delhi: The government will borrow Rs 2.68 lakh crore in the second half of current fiscal, Economic Affairs Secretary Atanu Chakraborty said on Monday.

Out of the gross borrowing for Rs 7.10 lakh crore budgeted for 2019-20 fiscal, as much as 62.5 per cent has already been borrowed during April-September, he told reporters.

The government, he said, is maintaining guide path for maintaining 3.3 per cent fiscal deficit target for 2019-20.

During the first half, the government has raised Rs 4.42 lakh crore, about 62 per cent of the total borrowing.

Read more: India's real GDP growth likely to be 5.2 per cent this fiscal: EIU

Intro:Body:

New Delhi, Sep 30 (PTI) The government will borrow Rs 2.68 lakh crore in the second half of current fiscal, Economic Affairs Secretary Atanu Chakraborty said on Monday.

      Out of the gross borrowing for Rs 7.10 lakh crore budgeted for 2019-20 fiscal, as much as 62.5 per cent has already been borrowed during April-September, he told reporters.

    The government, he said, is maintaining guide path for maintaining 3.3 per cent fiscal deficit target for 2019-20.

    During the first half the government has raised Rs 4.42 lakh crore, about 62 per cent of the total borrowing. PTI DP  ANZ



 BAL

BAL

09301817

NNNN


Conclusion:

For All Latest Updates

ETV Bharat Logo

Copyright © 2024 Ushodaya Enterprises Pvt. Ltd., All Rights Reserved.