News > Government lowers borrowing target for FY23
Government lowers borrowing target for FY23
Latesttalks | 29/09/2022 09:04 PM | Click to read full article
NEW DELHI: A day after doling out Rs 44,762 crore for free rations to the poor, the government on Thursday cut its market borrowing target for the current fiscal by Rs 10,000 crore in signs of buoyant tax collections.
In a statement, the finance ministry said the government will do total borrowing of Rs 5.92 lakh crore during the October-March period of the current fiscal, including from the issuance of its maiden Sovereign Green Bonds of Rs 16,000 crore.
