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Jammu & kashmir News

The Sen Times

Jammu & kashmir / The Sen Times

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India to borrow record 17.2 lakh crore rupees in fiscal year 2027

MUMBAI, Feb 1 (Reuters) Indias central government will borrow a record 17.2 lakh crore rupees ($187.6 billion) in fiscal year 202627, with the bond supply higher than most market estimates, the annual budget showed on Sunday. Finance Minister Nirmala Sitharaman announced a budget that makes a fresh bet on the local manufacturing sector in Asias third-biggest economy, pledging to accelerate growth amid a volatile global environment. The gross borrowing will be 17% higher than the current fiscal years 14.61 lakh crore rupees. The net borrowing will rise to 11.73 trillion rupees next fiscal from 11.33 lakh crore rupees for

1 Feb 2026 2:48 pm