Topics Covered: Government Budgeting. The Finance Ministry has said that the government will borrow Rs 4. The Centre had revised the borrowing target to Rs 12 lakh crore in May against Rs 7. The Budget has pegged fiscal deficit at 3. Borrowing is a loan taken by the government and falls under capital receipts in the Budget document. Usually, Government borrows through issue of government securities called G-secs and Treasury Bills.
How does increased government borrowing affect govt finances? What is government borrowing? Why in News? With this, the government will stick to the revised borrowing target for the current fiscal. What was the target? Adani Power Market Watch.
Budget ET NOW. Web Stories. Morning Brief Podcast. Economy Agriculture. Foreign Trade. Company Corporate Trends. Defence National International Industry. International UAE. Saudi Arabia. World News. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. World India. New Delhi: The government has raised its gross market borrowing target for the current financial year to Rs 12 lakh crore from Rs 7.
Experts said the higher borrowing is possibly due to a combination of lower tax collections and the fiscal stimulus needed to support the economy, though it could raise interest rates and crowd out the private sector.
One of them said this would peg the much-awaited fiscal stimulus at Rs 5 lakh crore, or 2. ETPrime stories of the day Recent hit Range anxiety: load, heat impact e-scooter.
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