Authorities to borrow Rs 8.45 lakh crore in first half of 2022-23 – The Financial Occasions Video

The Union authorities is seeking to increase Rs 8.45 lakh crore by means of borrowing within the first half of 2022-23 to fund the income hole for reviving the economic system, the Finance Ministry stated on Thursday. Out of gross market borrowing of Rs 14.31 lakh crore estimated for FY2022-23, Rs 8.45 lakh crore is deliberate to be borrowed within the first half (H1), an official assertion stated.
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