Centre’s gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: FM

The Central government has raised more than 37% of its FY24 target of gross market borrowing through dated securities in the first four months, finance minister Nirmala Sitharaman informed Parliament on Tuesday. It has mobilised gross and net borrowing amount of Rs 5.77 lakh crore and Rs 4.18 lakh crore, respectively, through dated securities up to July 31 this fiscal, the minister said in a reply in the Rajya Sabha.

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