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.
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.
March 29, 2014 2:12 am
The net borrowing for the first half of next fiscal is targeted at Rs 2,93,000 crore through a mix of dated securities, treasury bills.
February 10, 2009 11:23 am
The govt and Reserve Bank will keep all options open for borrowing funds from the market.