Central Government’s market borrowing 71 percent higher: CARE Ratings

The aggregate amount of market borrowing, which stands at Rs. 5.8 lakh crore in this fiscal is 71 percent higher vis-à-vis the previous fiscal. The high expenditure incurred in 2020 and the lower revenue numbers have impelled the central government to make additional borrowing from the market in order to address the fiscal deficit.  

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Update by Suman Mondal

News source: Time.com