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GOVT BORROWING NEWS

Punjab govt power connections to have prepaid smart meters; state's borrowing limit to go up

January 28, 2026 5:43 pm

In 2021-22, the Centre introduced a power sector reform-linked borrowing incentive in the form of additional borrowing space up to 0.5 per cent of gross state domestic product (GSDP).

States borrowing cost soars to 7.68%, highest so far this fiscal

October 11, 2023 10:32 am

The prices shot up reflecting the overall higher risk averseness of investors with the rising interest rates.

State govts' FY24 borrowings seen lower due to off-balance sheet debt: report

May 04, 2023 12:42 pm

Since last fiscal year the federal government has been adjusting for liabilities that are not directly on the balance sheets of states but would eventually have to be serviced by the states.

Govt plans to borrow Rs 8.88 lakh cr from market in first half of FY24

March 30, 2023 8:44 am

Out of gross market borrowing of Rs 15.43 lakh crore estimated for FY2023-24, Rs 8.88 lakh crore or 57.5 per cent is planned to be borrowed in the first half (H1), an official statement said.

Inflation fight may have fiscal impact, but govt not looking to borrow more

May 26, 2022 10:36 am

The total revenue implication of the excise duty cuts is seen at Rs 2.2 lakh crore a year. This, coupled with an additional outgo of Rs 1.1 lakh crore on account of fertiliser subsidies, is expected to put pressure on government finances.

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Amid GST row, Centre signals it will not borrow

September 08, 2020 9:53 am

In fact, government officials pointed out that states had parked about Rs 1.8 lakh crore in T-Bills, suggesting that they were not short of funds. States, however, said not all of them had huge funds invested in T-Bills.