Moneycontrol PRO

business

Govt borrowing up by Rs 52800 crore in H2FY12

The economic affairs secretary today announced an increase in government borrowing for the second half of the fiscal (FY12) by Rs 52800 crore. He pointed towards the decline in small savings to be the reason behind the increase in gross borrowing.

first published: Sep 29, 2011 05:38 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347