State Borrowings to Surge About 18% in Q4
Hindustan Times Ranchi|January 04, 2025
Higher borrowings expected to drive capex, helping economic recovery
Rhik Kundu

NEW DELHI: India's state governments appear to be priming themselves for a significant capital expenditure (capex) push in the current quarter, offering hope of a drive towards reviving the pace of India's economic growth after a succession of slow-growing quarters.

States across India—led by West Bengal, Maharashtra, and Karnataka—are set to increase their market borrowings by about 18% year-on-year in the fourth quarter of the fiscal year 2024-25 (Q4 FY25).

According to latest data released by the Reserve Bank of India (RBI), the total market borrowing by states for Q4 FY25 may reach ₹4.73 lakh crore, up from gross issuances of ₹4 lakh crore in the year-ago period.

هذه القصة مأخوذة من طبعة January 04, 2025 من Hindustan Times Ranchi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 04, 2025 من Hindustan Times Ranchi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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