Haryana to raise Rs 500 cr by sale of state govt securities

The Haryana government will raise an aggregate amount of Rs 500 crore through sale of state government stock (securities) of 10-year tenure.

A notification to this effect has been issued by the Finance Department, according to an official release.

As per the notification, the proceeds of the loan will be utilised to finance state plan outlay in connection with the development programmes of the state government, it said.