1. Govt plans to borrow Rs 2.08 lakh cr in second half; will meet fiscal deficit target: Economic Affairs Secretary

Govt plans to borrow Rs 2.08 lakh cr in second half; will meet fiscal deficit target: Economic Affairs Secretary

Government plans to borrow Rs 2.08 lakh crore in second half of current fiscal, said Economic Affairs Secretary Subhash Chandra Garg today.

By: | Published: September 28, 2017 5:54 PM
subhash chandra garg, subhash garg, economic affairs secretary, government fiscal deficit target, fiscal deficit data Economic Affairs Secretary Subhash Chandra Garg. (ANI)

Government plans to borrow Rs 2.08 lakh crore in second half of current fiscal, said Economic Affairs Secretary Subhash Chandra Garg today. The EAS added that “CPSE capex of Rs 3.75 lakh cr will stay as per plan, while authorities like NHAI will make additional spending of Rs 25,000 cr.” Garg said that discussions with RBI for additional dividend will continue and reiterated that he was confident of meeting fiscal deficit target.

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