After the meeting, a borrowing calendar for obsolete government bonds and short-term notes will be announced that night.
Total borrowing for the next financial year is 78 billion rupees, compared to 71 billion rupees for the current financial year.
Total borrowing includes repayment of past loans.
Past loan repayments for the next financial year are Rs 23.5 crore.
Treasurer submits budget for 2020-21 Nirmala Sitharaman It was said: "The net market borrowing in 2019-20 will be Rs. 49.9 crore, and the net market borrowing in 2020-21 will be Rs. 53.6 crore."
"Most of the borrowing for fiscal year 2020-21 will be used for government capital expenditures, which has increased by more than 21%.
"As I mentioned earlier, about 220 billion rupees of equity has been allocated to certain specific infrastructure financing companies that will take full advantage of it and provide much-needed long-term financing to the infrastructure industry. This should stimulate The growth engine of the industry. The economy, "she said.
The government raises funds from the market to make up for the fiscal deficit with expired securities and Treasury bills.
The budget sets the fiscal deficit for the next fiscal year at 3.5%, which is lower than 3.8% of GDP for the current fiscal year.
The government had previously estimated that the current fiscal year's fiscal deficit accounted for 3.3% of GDP, but due to income shortfalls, the center had to increase the deficit and use the "evasion clauses" in Fiscal Responsibility and Policy. Budget management (FRBM) method.
"Evasion clauses" allow the government to break the fiscal deficit target by 0.5 percentage points when the economy is under severe pressure, including during periods of structural change and periods of sharp decline in economic growth. DP BAL