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India’s Borrowing Estimate
April 5 , 2022
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- To fund the revenue gap for the economy’s revival Rs 8.45 lakh crore has been targeted by the government of India that will be raised through borrowings in the first half of 2022-23.
- The gross market borrowing that is estimated for the next financial year is Rs 14.31 lakh crore.
- The planned Rs 8.45 lakh crore borrowing will be targeted in the April to September period.
- 60 percent of the borrowing for FY 2022-23 would be completed in the fiscal year’s first six months.
- For 2021-22, the gross borrowing was Rs 12,05,500 crore.
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