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The Indian government will borrow a gross Rs 3.55 lakh crore ($53.43 billion) via bonds in April-September, or 59 percent of its borrowing plan for the next fiscal year, a senior finance ministry official said on Friday.
On average, India will borrow Rs 14,000-15,000 crore per week via auctions, Shaktikanta Das, the country's economic affairs secretary, said in a news briefing.
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On a net basis, India will borrow Rs 2.48 lakh crore from April to September.
The government had announced on Feb. 29 it would borrow a gross Rs 6 lakh crore for the year starting in April.
($1 = 66.4450 Indian rupees)
