New Delhi, March 27 The Centre plans to raise Rs 8 lakh crore through dated securities during the April-September period of 2026-27 to bridge the revenue gap, the finance ministry said on Friday.
Gross Market Borrowings in BE 2026-27 are estimated at Rs 17.20 lakh crore. Since the Budget presentation, switches of G-Secs have been conducted, reducing Gross Market borrowing to Rs 16.09 lakh crore, it said.
"Of the Rs 16.09 lakh crore, Rs 8.20 lakh crore (51 per cent) is planned to be borrowed in H1 through the issuance of dated securities, including Rs 15,000 crore of Sovereign Green Bonds (SGrBs)," it said.
Finance Minister Nirmala Sitharaman, in the Budget, proposed to borrow Rs 17.2 lakh crore to fund its fiscal deficit projected at 4.3 per cent of the GDP.
In absolute terms, the fiscal deficit is pegged at Rs 16.9 lakh crore for 2026-27.
"To finance the fiscal deficit, net market borrowings from dated securities are estimated at Rs 11.7 lakh crore. The remaining financing is expected to come from small savings and other sources. Gross market borrowings are estimated at Rs 17.2 lakh crore," she had said while delivering the Budget 2026-27.