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The government borrowed Rs 7.7 lakh crore in the first half of 2020-21 after exercising greenshoe options, CNBC-TV18 reported.
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.)
First Published on Sep 30, 2020 01:26 pm