Borrowing Programme

The fall in tax revenue and expected slowing economic growth next fiscal year will limit the government's ability to cut borrowing in the near term

National Savings Certificate, Public Provident Fund rate kept unchanged

FM to meet state CMs on Monday to push investment-led growth

The administration will adhere to its plan to borrow 12.05 trillion rupees ($163 billion) in the year through March, the finance ministry said in a statement Monday

To borrow Rs 4.34 trillion in 16 weekly tranches till Jan-end for the second half of the financial year

A senior State Bank of India executive said the moratorium is apt for small and medium enterprises whose cash flows have been impacted severely

Net borrowing ceiling for 2020-21 was earlier pegged at Rs 6.41 trillion (3 per cent of gross state domestic product), and the states have thus far borrowed merely 14 per cent of this authorised limit

Backloading the government's borrowing programme suggests the finance ministry's confidence in better revenue numbers