Net tax receipt estimated to be Rs 28.37 lakh crore
The Finance Ministry said on Thursday that the central government is planning to raise a loan of Rs 8 lakh crore through short-term securities during the first half (April-September) of FY 2025-26. This amount will be raised to meet the lack of revenue. According to the official statement, a total loan of Rs 14.82 lakh crore is estimated to be raised from the market for 2025-26. Out of this, there is a plan to take Rs 8 lakh crore i.e. 54 percent loan in the first half through the security of long and fixed maturity period. This includes government green bonds worth Rs 10,000 crore.
Nirmala Sitharaman announced in the budget itself
Finance Minister Nirmala Sitharaman has proposed to borrow Rs 14.82 lakh crore by issuing long -term securities to meet the lack of revenue in the next financial year in the budget. The fiscal deficit (difference between the government’s total revenue and total expenditure) in FY 2025-26 is estimated to be at 4.4 percent of the GDP while it is expected to be 4.8 percent in the current financial year. The fiscal deficit for 2025-26 is estimated to be Rs 15,68,936 crore properly. To make up for fiscal deficit, the net market loan from long -term securities is estimated to be Rs 11.54 lakh crore. While the remaining amount is expected to come from small savings and other sources.
Net tax receipt estimated to be Rs 28.37 lakh crore
Nirmala Sitharaman said in her budget speech, “In addition to debt in FY 2025-26, the total receipts and expenditure are estimated to be Rs 34.96 lakh crore and Rs 50.65 lakh crore respectively. Net tax receipt is estimated to be Rs 28.37 lakh crore. ”According to the official statement, the gross borrowing will be raised through 26 auctions of security between Rs 25,000 crore to Rs 36,000 crore on a weekly basis. Market borrowings will be collected through security of 3, 5, 7, 10, 15, 30, 40 and 50 years.
What will happen when additional bid comes
The share of borrowings (including green bonds) under different maturity periods will be 3 years (5.3 percent), 5 years (11.3 percent), 7 years (8.2 percent), 10 years (26.2 percent), 15 years (14 percent), 15 years (14 percent), 30 years (10.5 percent), 40 years (14 percent) and 50 years (10.5 percent). The government said that in the case of every security mentioned in the auction notification, the right to accept the bid of up to Rs 2000 crore in case of additional bid.
With PTI inputs
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