Budget 2024: Centre’s FY25 gross market borrowings pegged at ₹14.13 trillion

Budget 2024: Centre's FY25 gross market borrowings pegged at ₹14.13 trillion

New Delhi: The central government plans to borrow a gross ₹14.13 trillion from the bond markets in 2024-25 to finance its fiscal deficit, according to the interim budget for FY25 presented in parliament on Thursday. The government, which reiterated its commitment to a continued fiscal consolidation, has set a fiscal deficit target of 5.1% of … Read more