India city Kolkata covid-19 pandemic Department India city Kolkata

₹49,000 crore till Feb amid pandemic

Reading now: 300
www.livemint.com

₹7.12 lakh crore so far in the current financial year, which is over 30% higher than what these states and union territories borrowed last year KOLKATA : The market borrowing by West Bengal in the 11 months of the current fiscal rose by 4% at ₹49,000 crore amid the COVID-19 pandemic, latest available data showed.The latest RBI data collated by Care Ratings shows that 28 states and two union territories collectively borrowed ₹7.12 lakh crore so far in the current financial year, which is over 30% higher than what these states and union territories borrowed last year.The West Bengal Finance department officials claimed that borrowings rose by only four per cent because of better financial management in difficult times by prioritising expenses.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA