Govt may announce H2FY21 borrowing calendar today: Report

The government borrowed Rs 7.7 lakh crore in the first half of 2020-21 after exercising greenshoe options, CNBC-TV18 reported.

September 30, 2020 / 01:26 PM IST
Representative Image

Representative Image


The government might announce its H2FY21 borrowing calendar today, and a steep upward revision in borrowing for the fiscal year is unlikely, CNBC-TV18 reported.

The government borrowed Rs 7.7 lakh crore in the first half of 2020-21 after exercising greenshoe options, the news channel reported.

The COVID-19 pandemic had caused poor receipts in H1FY21, and the government had raised spending, the report added.

(This is a developing story. Please check back for updates.)

Moneycontrol News
first published: Sep 30, 2020 01:26 pm

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