Govt will not alter fiscal 2026 borrowing calendar: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday stated that the Indian government will not alter its market borrowing programme for the current financial year, dismissing concerns in the bond market about possible additional borrowings."Nothing changes in my borrowing calendar. That should reassure all," Sitharaman said, according to information available, when asked about the recent rise in bond yields triggered by speculation of higher government borrowings.
According to information,India has set a market borrowing target of Rs 14.82 trillion for the financial year ending March 31, 2026. The government’s borrowing plan is closely watched by investors and traders, as any deviation can impact bond yields and liquidity conditions in the financial system.“Analysts note that the assurance from the finance minister is expected to bring stability to the bond market, where yields had inched up in recent sessions on worries of fiscal shortfalls.”

(Business Correspondent)