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The government may transfer more than Rs 25,000 crore of unclaimed Sahara funds to India s Consolidated Fund. While this sum might marginally impact government borrowing and alleviate market concerns, the surge in bond supply, driven by increased government spending, continues to affect yields, influencing corporate borrowing costs and the broader economy.
Exclusive for Subscribers from Monday to Friday: Have you ever thought about how liquidity in the banking system or Madras day are relevant to the UPSC Exam? What significance do topics like Centre for Monitoring Indian Economy, Labour Force Participation Rate and Descent phase of Chandrayan-3 have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for August 23, 2023.