Govt cuts additional borrowing target by 60% to â¹20,000 cr
The government has announced that it has reduced additional borrowing target for this fiscal by 60% to â¹20,000 crore from the earlier announced â¹50,000 crore. The government had pegged its aggregate gross market borrowing at â¹5.8 lakh crore in the budget. Notably, the government's fiscal deficit was 112% of the â¹5.47 lakh crore target for 2017-18 from April to November.