Government Borrowing
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Madhya Pradesh To Borrow Rs 25,000 Crore Amid Rising Debt Concerns
The Madhya Pradesh government plans to take a new loan of Rs 25,000 crore before the current financial year ends on March 31, 2025.
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Supreme Court To Set Up Bench To Hear Kerala Petition Against Borrowing Cap
The Kerala government on Friday moved the Supreme Court seeking early setting up of a five-judge Constitution bench to hear its lawsuit against the Centre raising the issue of ceiling on net borrowing.
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Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
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How Government Earns, Where It Spends, Nirmala Sitharaman Explains
The total receipts for fiscal 2025 other than borrowings come to an estimated Rs 32.07 lakh crore, Union Finance Minister Nirmala Sitharaman said in her Budget presentation today.
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Supreme Court Constitution Bench To Hear Kerala Petition Against Borrowing Cap
The Supreme Court on Monday referred to a five-judge Constitution bench the suit filed by the Kerala government raising the issue of ceiling on net borrowing.
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Supreme Court Reserves Order In Kerala vs Centre Case Over Borrowing Powers
The Supreme Court on Friday reserved the order on a Kerala government plea seeking interim relief in a suit by Kerala against Centre alleging the union government is interfering with its borrowing powers.
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"Will Send Details Of How Borrowed Funds Used": Bhagwant Mann To Governor
Punjab Chief Minister Bhagwant Mann on Monday said his government will give Governor Banwarilal Purohit an account on the money spent out of the debt it raised, and took a swipe at him for not seeking details on borrowings from previous governments.
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"Propaganda": Punjab Minister Hits Back At Opposition's Debt Charge
Punjab finance minister Harpal Singh Cheema on Monday said that Rs 27,000 crore from around Rs 47,000 raised in the last 18 months has been paid as interest on the borrowings under previous governments amid the opposition allegations.
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CPI(M) Says Centre Trying To Suffocate Kerala With "Fiscal Ban"
The ruling CPI(M) on Saturday said the Union government's decision to cut down the borrowing limit of Kerala by half was an "attempt to suffocate the state" by any means necessary.
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SpiceJet To Borrow From Emergency Fund To Revive Grounded Planes
SpiceJet said it would draw funds from the government's Emergency Credit Line Guarantee Scheme (ECLGS).
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Govt Plans To Borrow Rs 8.88 Lakh Crore Between April-September
The government is looking to raise Rs 8.88 lakh crore through borrowing in the first half of 2023-24 to fund the revenue gap for pushing economic growth, the Finance Ministry said on Wednesday.
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Explained: How India Earns Each Rupee And Where It Goes
For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax contributes 17 paise.
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Budget 2023: For Every Rupee In Government Coffer, 58 Paise Will Come From Taxes
Budget 2023: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment.
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Bond Yields Could Rise, Rupee's Upside Capped Ahead Of Budget 2023
The government is expected to announce a record gross borrowing of 16 trillion rupees ($196.28 billion) for 2023-24 when it presents the federal budget on Feb. 1, according to a Reuters poll of economists.
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Centre To Keep Gross Borrowing Under $196 billion For 2023/24: Report
The government has so far raised 12.93 trillion rupees up to Jan. 27, which is 91% of the overall gross borrowing target of 14.21 trillion rupees in the 2022/23 fiscal year which ends on March 31.
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Madhya Pradesh To Borrow Rs 25,000 Crore Amid Rising Debt Concerns
The Madhya Pradesh government plans to take a new loan of Rs 25,000 crore before the current financial year ends on March 31, 2025.
-
Supreme Court To Set Up Bench To Hear Kerala Petition Against Borrowing Cap
The Kerala government on Friday moved the Supreme Court seeking early setting up of a five-judge Constitution bench to hear its lawsuit against the Centre raising the issue of ceiling on net borrowing.
-
Government Estimates Centre's Debt To Rise To Rs 185 Lakh Crore In FY25
The government estimates its debt, including external borrowing, valued at current exchange rate and public account and other liabilities will increase to Rs 185 lakh crore, or 56.8 per cent of the GDP, during the current fiscal year.
-
How Government Earns, Where It Spends, Nirmala Sitharaman Explains
The total receipts for fiscal 2025 other than borrowings come to an estimated Rs 32.07 lakh crore, Union Finance Minister Nirmala Sitharaman said in her Budget presentation today.
-
Supreme Court Constitution Bench To Hear Kerala Petition Against Borrowing Cap
The Supreme Court on Monday referred to a five-judge Constitution bench the suit filed by the Kerala government raising the issue of ceiling on net borrowing.
-
Supreme Court Reserves Order In Kerala vs Centre Case Over Borrowing Powers
The Supreme Court on Friday reserved the order on a Kerala government plea seeking interim relief in a suit by Kerala against Centre alleging the union government is interfering with its borrowing powers.
-
"Will Send Details Of How Borrowed Funds Used": Bhagwant Mann To Governor
Punjab Chief Minister Bhagwant Mann on Monday said his government will give Governor Banwarilal Purohit an account on the money spent out of the debt it raised, and took a swipe at him for not seeking details on borrowings from previous governments.
-
"Propaganda": Punjab Minister Hits Back At Opposition's Debt Charge
Punjab finance minister Harpal Singh Cheema on Monday said that Rs 27,000 crore from around Rs 47,000 raised in the last 18 months has been paid as interest on the borrowings under previous governments amid the opposition allegations.
-
CPI(M) Says Centre Trying To Suffocate Kerala With "Fiscal Ban"
The ruling CPI(M) on Saturday said the Union government's decision to cut down the borrowing limit of Kerala by half was an "attempt to suffocate the state" by any means necessary.
-
SpiceJet To Borrow From Emergency Fund To Revive Grounded Planes
SpiceJet said it would draw funds from the government's Emergency Credit Line Guarantee Scheme (ECLGS).
-
Govt Plans To Borrow Rs 8.88 Lakh Crore Between April-September
The government is looking to raise Rs 8.88 lakh crore through borrowing in the first half of 2023-24 to fund the revenue gap for pushing economic growth, the Finance Ministry said on Wednesday.
-
Explained: How India Earns Each Rupee And Where It Goes
For every rupee that Government of India earns, 34 paise comes through borrowings and liabilities while Goods and Services Tax contributes 17 paise.
-
Budget 2023: For Every Rupee In Government Coffer, 58 Paise Will Come From Taxes
Budget 2023: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment.
-
Bond Yields Could Rise, Rupee's Upside Capped Ahead Of Budget 2023
The government is expected to announce a record gross borrowing of 16 trillion rupees ($196.28 billion) for 2023-24 when it presents the federal budget on Feb. 1, according to a Reuters poll of economists.
-
Centre To Keep Gross Borrowing Under $196 billion For 2023/24: Report
The government has so far raised 12.93 trillion rupees up to Jan. 27, which is 91% of the overall gross borrowing target of 14.21 trillion rupees in the 2022/23 fiscal year which ends on March 31.
