New Delhi: Finance ministry and Reserve Bank of India officials will meet during March 15-20 to decide borrowing calendar for the financial year beginning from April 1, Economic Affairs Secretary Shaktikanta Das said on Wednesday.
The government announced gross market borrowing of Rs 6 lakh crore ($88.65 billion) in its annual budget for 2016-17, in line with market expectation, while sticking to the overall fiscal deficit target of 3.5 percentage of the gross domestic product.
($1 = 67.6800 Indian rupees)
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
The government announced gross market borrowing of Rs 6 lakh crore ($88.65 billion) in its annual budget for 2016-17, in line with market expectation, while sticking to the overall fiscal deficit target of 3.5 percentage of the gross domestic product.
($1 = 67.6800 Indian rupees)
© Thomson Reuters 2016
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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