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Himachal Pradesh to Raise ₹700 Crore From Open Market as State Debt Crosses ₹1.04 Lakh Crore
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Himachal Pradesh to raise ₹700 crore from open market as state debt crosses ₹1.04 lakh crore
Himachal Pradesh government has decided to raise ₹700 crore through open market borrowings to fund development projects and schemes across the state. The Finance Department has issued a formal notification in this regard. The funds will be deployed across roads, bridges, buildings, drinking water, health, education, and other infrastructure projects, in addition to development schemes already approved under the state budget. How the borrowing wi…
The Himachal Pradesh government will raise ₹700 crore in debt from the market for development projects and infrastructure construction. The e-auction of 13-year government securities will be conducted through the RBI.
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