Public finances are of concern too as the Centre... ... Union Budget 2021 Live Blog: No Changes In Personal Tax Slabs
Public finances are of concern too as the Centre and states have resorted to market borrowing to firefight the fallout of the pandemic. The Economic Survey states that the central government has borrowed ₹10.72 lakh crores this FY (as of January 8, 2021) - a sum 65% higher than the corresponding period in FY2019 - 2020. The amount for the states is 41% higher than the corresponding period too; their borrowings amounting to ₹5.71 lakh crore.
Update: 2021-02-01 04:42 GMT
Advertisement