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Last Updated : Sep 30, 2020 01:26 PM IST | Source: Moneycontrol.com

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.

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.)

First Published on Sep 30, 2020 01:26 pm
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