September 30, 2020 8:40 PM

printer

Govt to borrow Rs 4.34 lakh cr in second half of current fiscal

Finance Ministry today said that government will borrow four lakh 34 thousand crore rupees in second half of the current fiscal, which is 36.16 per cent of total borrowing to meet its expenditure requirement. Talking to reporters in New Delhi, Department of Economic Affairs Secretary Tarun Bajaj said  there is no change in government borrowing plan.<br />''<br />''<span style="color: #222222;">Earlier, government had announced borrowing of 7.8 lakh crore rupees in budget. Due to COVID borrowing target was increased to 12 lakh crore rupees. Mr Bajaj  said, out of the total 12 lakh crore rupees, government has already borrowed 7.66 lakh crore rupees, which constitute 63.83 per cent of the total borrowing.</span><br />

Most Read
View All arrow-right

No posts found.