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Will reduced FY25 govt borrowing shift bond investors to equities for higher returns?
On February 1, Sitharaman in her last Budget of the Modi 2.0 government announced that the gross and net market borrowings through dated securities during 2024-25 are estimated at Rs 14.13 and 11.75 lakh crore, respectively, which are lower from FY 2023-24. The move is aimed at facilitating a larger availability of credit for the private sector, the FM had said.