Don’t miss the latest developments in business and finance.

Chidambaram says 2013/14 net borrowings will be up by 50 billion rupees only

Image
Reuters Delhi, India
Last Updated : Mar 04 2013 | 9:40 PM IST

NEW DELHI (Reuters) - The government's net borrowings in 2013/14 will be up by only 50 billion rupees to 4.84 trillion rupees, the slowest rise in recent years, P Chidambaram, Finance Minister said during an appearance on Google Hangout on Monday.

His comments sought to clarify some confusion about India's borrowing numbers given in the budget unveiled last week.

(Reporting by Manoj Kumar; Editing by Frank Jack Daniel)

Also Read

First Published: Mar 04 2013 | 9:20 PM IST

Next Story