Government Cuts Borrowing Plan by Rs 16,000 Crore for April-September: Report

New Delhi: The government has slashed the borrowing target for April-September by Rs 16,000 crore with the objective to provide more liquidity in the system. The borrowing plan has been pruned by Rs 10,000 crore for the first half, official sources said, adding that this would be over and above the Rs 6,000 crore announced earlier. However, the borrowing amount for the entire fiscal year would remain unchanged at Rs 5.97 lakh...