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Govt rules out additional borrowings for 2009-10

The government today ruled out any increase in its borrowing programme for the current fiscal and said expenditure needs due to failed monsoon would be met with additional tax and adjustments within the budget. "As of now, there is no intention to borrow more than what we have already indicated, that itself is a fairly robust and substantial borrowing programme," Finance Secretary Ashok Chawla told private news channel ET Now.

quick loans commented:

I am agree on limiting the borrowings. Gov. is taking the right step. You have shared a good information. Thanks for such post.

22.10.2011

Wonga commented:

I am also not in favour of additional borrowings.It will only put more pointed burden on our nation.I am happy that it is now not in focus.

09.01.2012

payday lenders commented:

Appreciation to the writer from my side for the information that has given on this page. Nice work

29.02.2012


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