Telangana government had proposed gross borrowings of ₹79,984 crore for the fiscal 2026-27 including open market loans and central assistance for capital expenditure | Photo Credit: M. VENKAT RAO
The Telangana Government has proposed to raise ₹13,000 crore from the open market during the third quarter of the current financial year (2026-27) amid apprehensions that it is likely to cross the borrowing limits set by the Union Finance Ministry with one more quarter to go.
The State government, in its indent submitted to the Reserve Bank of India (RBI), indicated that it will raise ₹3,4,500 crore in October, ₹4,500 crore in November and ₹4,000 crore in December through auction of securities. This will take the total borrowings of the current year to ₹59,400 crore as the government has already raised ₹18,900 crore and ₹27,500 crore during the first and second quarters of the current fiscal.
Comments
0 commentsNo comments yet — be the first.