Govt to borrow Rs 845 lakh cr from market in Apr-Sep
New Delhi Mar 31 PTI The Union government is looking to raise Rs 845 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for reviving the economy the Finance Ministry said on Thursday Out of gross market borrowing of Rs 1431 lakh crore estimated for FY2022-23 Rs 845 lakh crore is planned to be borrowed in the first half H1 an official statement said As per the Budget document the gross market borrowing through dated securities for 2022-23 is Rs 1495000 crore Taking into account the switch operations conducted on January 28 2022 the gross market borrowing through dated securities for 2022-23 is expected at Rs 1431352 crore it said The borrowing is scheduled to be completed in 26 weekly tranches of Rs 32000-33000 crore it said It further said the borrowing will be spread under 2 5 7 10 14 30 and 40 year securities and Floating Rate Bonds of various tenors PTI DP MR
New Delhi Mar 31 PTI The Union government is looking to raise Rs 845 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for reviving the economy the Finance Ministry said on Thursday Out of gross market borrowing of Rs 1431 lakh crore estimated for FY2022-23 Rs 845 lakh crore is planned to be borrowed in the first half H1 an official statement said As per the Budget document the gross market borrowing through dated securities for 2022-23 is Rs 1495000 crore Taking into account the switch operations conducted on January 28 2022 the gross market borrowing through dated securities for 2022-23 is expected at Rs 1431352 crore it said The borrowing is scheduled to be completed in 26 weekly tranches of Rs 32000-33000 crore it said It further said the borrowing will be spread under 2 5 7 10 14 30 and 40 year securities and Floating Rate Bonds of various tenors PTI DP MR