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Read more about Govt borrows 55% more this fiscal as lockdowns hit revenue collections on Business Standard. The Centre has borrowed Rs 2.1 trillion so far this fiscal
GST shortfall situation becomes clearer, govt may have to borrow $22 billion more to pay states SECTIONS GST shortfall situation becomes clearer, govt may have to borrow $22 billion more to pay statesBy Vrishti Beniwal and Subhadip Sircar, Bloomberg Last Updated: May 26, 2021, 12:55 PM IST Share Synopsis Any additional borrowing will replicate an arrangement followed last financial year, where New Delhi borrowed Rs 1.1 lakh crore on behalf of the states and passed them on as back-to-back loans, the people said. The decision on the extra borrowing, the amount and the timing would be made after...
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ET Economy NEWS Powered by Finance Ministry permits 4 states to borrow additional Rs 5,034 crore post ease of doing biz reforms SECTIONS Finance Ministry permits 4 states to borrow additional Rs 5,034 crore post ease of doing biz reformsPTI Last Updated: Feb 06, 2021, 09:45 PM IST Share Synopsis With this, 12 states, including Andhra Pradesh, Karnataka, Kerala, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana, have undertaken the stipulated reforms to facilitate ease of doing business. ThinkStock Photos Till now, 17 states have carried out at le...