Centre's Rs 8 Lakh Crore Mobilisation Plan for 2025-26: A Financial Overview

The Indian finance ministry plans to raise Rs 8 lakh crore by issuing dated securities in the first half of fiscal year 2025-26 to support government revenue. This includes Rs 10,000 crore in Sovereign Green Bonds. Finance Minister Nirmala Sitharaman projects a fiscal deficit of 4.4% of GDP.

The Finance Ministry of India has announced plans to mobilise Rs 8 lakh crore through the issuance of dated securities during the first half of the 2025-26 fiscal year. The move is aimed at bridging the revenue gap, as confirmed by an official statement on Thursday.

With a gross market borrowing target set at Rs 14.82 lakh crore for 2025-26, more than half is to be secured within the initial six months through dated securities, including Rs 10,000 crore in Sovereign Green Bonds. This strategy underlines Finance Minister Nirmala Sitharaman's budget proposal to borrow Rs 14.82 lakh crore to address the predicted revenue shortfall.

The fiscal deficit for 2025-26 is forecast at 4.4% of GDP, down from the current year's 4.8%. In absolute terms, this translates to a fiscal deficit pegged at Rs 15,68,936 crore, with Rs 11.54 lakh crore expected from net market borrowings. The remaining funds are anticipated from small savings and other sources.

(With inputs from agencies.)