Govt to borrow Rs 50,000 cr extra via dated securities in Jan-March FY18
Move could widen the country's fiscal deficit
 "Arun Jaitley, Jaitley, Finance Minister, FM")
Union Minister for Finance and Corporate Affairs, Arun Jaitley addressing a Press Conference at BJP headquarters in New Delhi. (Photo: PTI)
Indian government will borrow additional Rs 50,000 crore in FY18 that ends in March through dated securities, the finance ministry said on Wednesday, which could widen the country's fiscal deficit.
Finance Minister Arun Jaitley had earlier budgeted to raise Rs 5.8 lakh crore in 2017/18 via bond sales to bridge the fiscal deficit of 3.2% of GDP.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Dec 27 2017 | 5:28 PM IST