The government today lowered the additional borrowing requirement for the current fiscal to 20,000 crore rupees from 50,000 crore rupees estimated earlier. The reduced borrowing is likely to help contain fiscal deficit within the target.<br/><br/>Economic Affairs Secretary Subhash Chandra Garg tweeted that the Government has reassessed additional borrowing requirements taking note of revenue receipts and expenditure pattern. <br/><br/>Last month, after consultation with the RBI the government had said that it would make additional borrowing of 50,000 crore rupees this fiscal through dated securities. <br/><br/>However, there will be no change in the net borrowings as envisaged in the Budget for 2017-18.