The Government of India (GoI) has decided to borrow Rs 8.88 lakh crore (57.55 per cent) in first half (H1) FY24 out of Gross Market borrowing of Rs 15.43 lakh crore projected for FY24 in the Union budget, , Government of India (GoI), borrowings
The government will borrow Rs 5.92 lakh crore, or 41.7 per cent of planned gross market borrowing of Rs 14.21 lakh crore for the current financial year, in the second half of the fiscal ending March 31, 2023, the Finance Ministry said in a .
The government on Thursday slashed its market borrowing target for FY23 by Rs 10,000 crore, indicating buoyant tax collections which would be enough to bear Rs 44,762 crore additional expense on free ration distribution.