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Home News Government to borrow Rs 3.72 lakh crore in April-September

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Government to borrow Rs 3.72 lakh crore in April-September

Government to borrow Rs 3.72 lakh crore in April-September

Tuesday, March 28, 2017, 8:56 PM

Government will borrow from markets about Rs.3.72 lakh crore in the first half of next fiscal beginning April which is 64% of the borrowing target for full financial year. Borrowing in the April-September period will be little higher compared to other years as finance ministry and RBI foresee other ministries to start spending from the beginning of the fiscal as well as redemption pressure.
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