The Centre has decided to make additional borrowing of 50 thousand crore rupees through dated securities this fiscal. <br/><br/>In a statement, Finance Ministry said, there will be no change in the net borrowing as envisaged in the Budget for the current financial year. <br/><br/>After the review of the borrowing programme with the RBI, it was decided that government will trim down the T-Bills from present collections of 86,203 crore rupees to 25,006 crore rupees by March 2018. <br/><br/>T-Bills are securities with short-term duration of less than one year while dated securities have maturity of over five years.
News On AIR | December 28, 2017 1:11 PM
Centre decides to make additional borrowing of 50K cr rupees from market during current financial year