India Intelligence Report

   Govt to Maintain Borrowing Levels



Federal Finance Minister P. Chidambaram has said that the overall size of borrowing for the current fiscal year will remain at Rs. 152,856 (USD 33 billion).

It is not clear how the Government plans to maintain fiscal deficit at declared levels with increasing energy costs and inflation triggered by supply issues.

Home Page
Subscribe to receive this page daily by email
Unsubscribe from the mailing list