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Public Sector Borrowings Spike In First Half Of FY21
Borrowings across the central government, state governments and public sector enterprises rose in H1 and may remain high in H2.
26 Sep 2020, 02:39 PM IST
Borrowings by the Indian public sector, which includes the central government, state governments and government-owned enterprises, spiked in the first half of the ongoing financial year. The surge in public sector borrowings, as they are collectively termed, came against the backdrop of the Covid-19 pandemic, which led to a sharp fall in private sector activity.Total borrowings across the central government, state governments and pub...
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