Government Borrowing

This, despite sacrificing revenue on account of reduction in duties on petroleum products and other goods, say official sources

No compromise on capex; consolidated fund to be used if needed, the source said

An RBI report says even in the best case scenario, general govt debt may not dip below 75% of GDPl and if there are events, it may in fact rise to 90% of GDP by 2026-27

The Union government is looking to raise Rs 8.45 lakh crore through borrowings in the first half of 2022-23 to fund the revenue gap for reviving the economy, the finance ministry said on Thursday.

Out of gross market borrowing of Rs 14.31 lakh crore estimated for FY2022-23, Rs 8.45 lakh crore is planned to be borrowed in the first half (H1), an official statement said

Rethink on proportion on back of Fed tightening, high oil prices

Even if the G-sec yields remain where they are, if the spreads have to normalise, the SDL cut-offs will need to rise, more so for weaker states

The reduction could be announced before the end of March, the sources said requesting anonymity because of the sensitivity of the matter

15-40 bps raise likely in MPC meeting next week, say market participants

The Ministry of Finance had launched a programme in June 2021 to allow additional borrowing space of Rs 80,000 crore to states

Higher tax revenue will give more flexibility in pushing expenditure

Compared with last year, though, the borrowing has been higher

Apex bank's Rs 99,122 cr dividend supports the Centre's fiscal rescue plan, obviates need to ramp up borrowings for now

The Centre has borrowed Rs 2.1 trillion so far this fiscal

In Asia as Covid-19 cases are surging and slow pace of vaccinations, relegating central banks to a supporting role as interest rates already low, policies will center on more government borrowing.

Borrowing will be done across yield curve ranging from two-year bonds to 40 years, and including floating rate bonds (FRB)

The net borrowings during the next fiscal year will be about Rs 9.37 trillion

The government has decided to cancel its Rs 20,000 crore borrowing scheduled for March 26 on review of position of cash balance, the Reserve Bank of India said on Monday.

The strains came after India's government announced near-record borrowings of about 12 trillion rupees on Feb. 1, adding to concerns that companies could be crowded out of debt markets

Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market