Borrowings Current Affairs, GK & News

RBI and Finance Ministry to meet to decide on First Half Borrowing Plan

The Finance Ministry and the Reserve Bank of India is to hold a meeting on March 31, 2020 to discuss about the first half borrowing plan for the year 2020-21. For the first time in Indian history, the meeting is to be held through video conferencing. The Plan According to the Union Budget 2020-21, the ..

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Overseas Bonds

The Indian Finance Minister had in her budget speech announced that to raise funds, India would opt for the issue of overseas bonds. While some economists call this move of the Indian government unplanned and unnecessary risk, the Indian Government is sticking to its plan as it belies than an overseas bond issue will spur ..

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Independent debt management office must be set up: NITI Aayog

NITI Aayog has made strong case for setting up independent Debt Management Office for better servicing of loans that will lead to substantial reduction in India’s interest payment. At present, government debt, including market borrowing, is managed by Reserve Bank of India (RBI). Setting up independent Debt Management Office will help to resolve issues relating ..

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