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FinMin may borrow 60% of the FY20 gross budgeted borrowings in H1 of next fiscal

The Finance Ministry may borrow around Rs 4.3 lakh crore or 60% of the Rs 7.1 lakh crore budgeted gross borrowings for fiscal 2019-20 in its first half (H1) itself. The borrowings will be utilized to meet part redemption of maturing bonds, expenditures for welfare schemes like PM-KISAN and keep the fiscal deficit in check. 

Read More at The Economic Times News date : 10 Mar 2019, Sunday

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