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+ 529.07
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+ 529.07
+ 175.15
+ 175.15
+ 36.00
+ 36.00
-366.00
New Delhi: Union Finance Minister Nirmala Sitharaman arrives at Parliament House complex to present the Interim Budget 2024, in New Delhi, Thursday, Feb. 1, 2024. | Photo Credit: PTI
The Indian government will borrow a gross of ₹14.13 trillion ($170.36 billion) in the fiscal year starting April 1, compared with ₹15.43 trillion for the current fiscal, Finance Minister Nirmala Sitharaman said on Thursday.
Net borrowings are pegged at ₹11.75 trillion for the next financial year.
The gross borrowing is lower than economists' estimate of ₹15.6 trillion, according to a Reuters poll.
($1 = 82.9400 Indian rupees)
Published on February 1, 2024
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