Visakhapatnam, April 8 (IANS) Leader of the Opposition (LoP) in the Andhra Pradesh Legislative Council, Botcha Satyanarayana has written to Governor S. Abdul Nazeer that the State Finance Department presented incorrect and incomplete information on government borrowings for 2024-25 and 2025-26 in the Council.In his letter, Botcha Satyanarayana said the reply given by the Principal Finance Secretary to a starred question in the February 2026 session understated the actual borrowings and omitted k…
Latest Ways and Means Advances News & Updates
New Delhi, March 27 (IANS) The government announced on Friday that, in consultation with the Reserve Bank of India (RBI), it has decided to borrow Rs 8.20 lakh crore during the first half (H1) of the financial year 2026-27.Gross market borrowing in the Budget Estimate (BE) 2026-27 was fixed at Rs 17.20 lakh crore. Since the presentation of the Budget, switches of G-Sec were conducted, reducing gross market borrowing to Rs 16.09 lakh crore. As much as Rs 8.20 lakh crore, which works out to 51 per…