• SENSEX
    NIFTY 50
Economy

Government to borrow Rs 4.88 lakh crore in first half of FY21: DEA Secretary Atanu Chakraborty

Updated : March 31, 2020 07:17 PM IST

Finance Minister Nirmala Sitharaman had in her budget for 2020-21 pegged gross borrowing in the new financial year at Rs 7.8 lakh crore, higher than Rs 7.1 lakh crore estimated in the current fiscal.
Presenting Budget for 2020-21, Sitharaman had said net market borrowing for the year 2019-20 would be Rs 4.99 lakh crore and for the year 2020-21, it would be Rs 5.36 lakh crore.
The government raises funds from the market to fund its fiscal deficit through dated securities and treasury bills.

More Budget Stories Coverage

Live TV
Advertisement