Nssf Loans
Delhi govt seeks Rs 10,000 cr loan from Centre ahead of Assembly elections
This request comes despite pushback from Delhi's own finance department, which had anticipated lower spending due to the Model Code of Conduct
 "Delhi govt seeks Rs 10,000 cr loan from Centre ahead of Assembly elections")
Once low-profile NSSF now a key player in Centre's finances for past 7 yrs
While govt's market borrowings have doubled from FY16 to FY22, NSSF loans to finance fiscal deficit have grown 11x
 "Once low-profile NSSF now a key player in Centre's finances for past 7 yrs")
How NSSF could morph from a rainy-day fund into a huge burden for the govt
Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market
 "How NSSF could morph from a rainy-day fund into a huge burden for the govt")
Can FCI's subsidy wipe-out serve as a base for deeper food subsidy reforms?
If clearing of FCI's outstanding dues and loans does not spur further reforms, they will once again reach current levels in the next 4-5 years, say experts
 "Can FCI's subsidy wipe-out serve as a base for deeper food subsidy reforms?")
Govt's borrowings increasingly being used to pay interest on past loans
Less portion being used to pay for the current expenditure
 "Govt's borrowings increasingly being used to pay interest on past loans")
Small savings, big burden
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore
 "Small savings, big burden")
