scorecardresearchDespite hit in revenue, no plan to change govt’s borrowing for this fiscal: Report

Despite hit in revenue, no plan to change govt’s borrowing for this fiscal: Report

Updated: 26 May 2022, 11:10 AM IST
TL;DR.
The revenue foregone due to the recent excise duty cuts on petrol and diesel will be around 85,000 crore in fiscal 23
The Centre plans to borrow  <span class='webrupee'>₹</span>8.45 trillion from the bond markets in the first half (April-September) of FY23

The Centre plans to borrow 8.45 trillion from the bond markets in the first half (April-September) of FY23