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Govt plans to borrow Rs 8.88 lakh cr from market in first half of FY24 - Vimarsana News

Govt plans to borrow Rs 8.88 lakh cr from market in first half of FY24

Out of gross market borrowing of Rs 15.43 lakh crore estimated for FY2023-24, Rs 8.88 lakh crore or 57.5 per cent is planned to be borrowed in the first half (H1), an official statement said.

Govt plans to borrow Rs 8.88 lakh crore in first half of FY24 - Vimarsana News

Govt plans to borrow Rs 8.88 lakh crore in first half of FY24

The Ministry of Finance stated that the borrowing is scheduled to be completed in 26 weekly tranches of Rs 31,000-39,000 crore.

'Overly optimistic' Modi govt likely to fall short of fulfilling capex dream: Poll - Vimarsana News

'Overly optimistic' Modi govt likely to fall short of fulfilling capex dream: Poll

Since taking office in 2014, Prime Minister Narendra Modi's government has broadly stuck to its borrowing targets

Govt plans record borrowing in FY24 to bridge revenue gap - Vimarsana News

Govt plans record borrowing in FY24 to bridge revenue gap

The Modi government plans to borrow a record ₹15.4 lakh crore from dated securities in FY24

Govt borrows 55% more so far this fiscal as lockdowns hit revenue collections - Vimarsana News

Govt borrows 55% more so far this fiscal as lockdowns hit revenue collections

India Business News: Indicating a massive revenue crunch due to the second wave of the pandemic that has forced many states to declare full lockdowns for almost two months