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Government of India’s release of ₹75,000 crore to States and UTs under the back-to-back loan facility in-lieu of GST compensation not to change the GoI’s borrowing programme in the first half of 2021-22

Ministry of Finance Government of India’s release of ₹75,000 crore to States and UTs under the back-to-back loan facility in-lieu of GST compensat

Ministry of Finance

Government of India’s release of ₹75,000 crore to States and UTs under the back-to-back loan facility in-lieu of GST compensation not to change the GoI’s borrowing programme in the first half of 2021-22

Posted On: 15 JUL 2021 7:06PM by PIB Delhi

75,000 crore was released by Ministry of Finance to the States and UTs with Legislature today under the back-to-back loan facility in lieu of GST Compensation.

However, Government of India’s borrowing programme for the remaining period of the first half of the current Financial Year as announced in the “Issuance Calendar for Marketable Dated Securities for April 2021 – September 2021” released on 31st March 2021 remains unchanged.

RM/MV/KMN

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