The government will borrow Rs 2.68 lakh crore in the second half of current fiscal, Economic Affairs Secretary Atanu Chakraborty said on Monday.

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Out of the gross borrowing for Rs 7.10 lakh crore budgeted for 2019-20 fiscal, as much as 62.5 percent has already been borrowed during April-September, he told reporters.

The government, he said, is maintaining guide path for maintaining 3.3 percent fiscal deficit target for 2019-20.

During the first half, the government has raised Rs 4.42 lakh crore, about 62 percent of the total borrowing

(With agency inputs)

First Published:Sept 30, 2019 7:02 PM IST