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DAILY NEWS ANALYSIS

  • 27 December, 2023

  • 1 Min Read

Net Borrowing limits for states

  • Finance Ministry recently announced that States may be able to tap about Rs.2.04 lakh crore as additional borrowings over and above their net borrowing limits for the year.
  • The Centre had allowed 22 States to raise additional borrowings of almost Rs.61,000 crore this year on top of their net borrowing ceilings of 3% of Gross State Domestic Product.

The extra borrowing ceiling was granted to States who met their pension liabilities by making required contributions to the National Pension System (NPS).

Source:

  • 25 December, 2023

  • 1 Min Read

Net Borrowing limits for states

  • Finance Ministry recently announced that States may be able to tap about Rs.2.04 lakh crore as additional borrowings over and above their net borrowing limits for the year.
  • The Centre had allowed 22 States to raise additional borrowings of almost Rs.61,000 crore this year on top of their net borrowing ceilings of 3% of Gross State Domestic Product.
  • The extra borrowing ceiling was granted to States who met their pension liabilities by making required contributions to the National Pension System (NPS).

Source:


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