The government’s market borrowing for the second half of fiscal year 2026 is set to remain consistent with its previously budgeted estimates. This confirmation was provided by Chief Economic Advisor V Anantha Nageswaran, aligning with projections from financial services firm Nomura. The official borrowing calendar is anticipated to be released following consultations with the Reserve Bank of India. Nomura further anticipates a potential strategic shift towards shorter-term bonds within the borrowing portfolio. This financial outlook coincides with an reported 9.2% increase in direct tax collections observed during the first half of FY26.
Source: economictimes.indiatimes.com