Govt raises ₹10,000 crore market borrowings to meet financial commitments like Rythu Bharosa (opens original article in a new tab)

The State government raised ₹10,000 crore in market borrowings to meet financial commitments, including Rythu Bharosa payments, while facing challenges in raising finances due to high expenditures and potential monsoon impacts.

• The State government raised ₹10,000 crore in market borrowings since May to meet financial commitments
• The government plans to borrow more through securities auctions as it faces financial challenges
• Rythu Bharosa payments to farmers are delayed, prompting criticism and urgency to credit funds