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ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
Ajay Seth said the overall growth for the year should be in the order of 7%, as forecast by IMF as well as RBI.
By the end of September, the government will borrow 8.45 trillion Indian rupees ($105.82 billion), out of the record planned borrowing of 14.31 trillion Indian rupees ($179.20 billion) for the 2022/23 year starting on April 1.
The RBI on Tuesday issued the government borrowing calendar for marketable dated securities (or government bonds in simple term) for the first half of the fiscal year 2012-13. In between April and September, 2012, the government will sell bonds worth Rs 3.70 lakh crore (gross) out of its budgeted target of Rs 5.69 lakh for the full year.
