International BusinessGovt raises borrowing to Rs 2.99 lakh cr for H1FY10
The government today said it has stepped up its market borrowing to Rs 2.99 lakh crore for the first half of the current fiscal against Rs 2.41 lakh crore announced earlier.
"So far the government has borrowed and programmed Rs 1.89 lakh crore... Balance Rs 1.10 lakh crore will be raised till September 30, 2009 in ten tranches," RBI Deputy Governor Shyamala Gopinath told reporters after meeting Finance Secretary and other officials today.