PREVIOUS
✖
Tamil Nadu borrow in last quarter of 2023
January 2 , 2024
199 days
496
0
- The Tamil Nadu government plans to borrow ₹37,000 crore in the fourth quarter of fiscal 2023-24.
- To bridge the income-expenditure gap (fiscal deficit), the State borrows from the market through the issue of bonds known as State Development Loans (SDLs).
- This forms a major part of its total outstanding liabilities.
- So far in fiscal 2023-24 (till December), the State government has raised ₹76,000 crore.
Leave a Reply
Your Comment is awaiting moderation.