The government had budgeted Rs 7.8 lakh crore in gross market borrowing, in the current fiscal, but following COVID-19 disruptions, it had last week announced an additional borrowing of Rs 4.2 lakh crore, taking the total to Rs 12 lakh crore, primarily to meet the likely revenue shortfall.from Top Business News- News18.com
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With Very Limited Fiscal Space Govt May Have Just Rs 20,000 Cr for Stimulus: Report
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May 15, 2020
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