As a first step, the government has decided to raise an additional Rs 36,000 crore through dated securities or bonds — to fund its expenses during the current financial year. Taken together, the government will be raising Rs 63,000 crore from these two measures. According to the document tabled in the Lok Sabha by finance minister Piyush Goyal, the net cash outgo will be Rs 51,433 crore. However, the government has now decided to borrow additional Rs 36,000 crore through two tranches of Rs 18,000 crore each during March 11-15 and March 18-22. Meanwhile, finance ministry officials say the RBI will be expected to pay a surplus of Rs 69,000 crore in the next fiscal.

Source: The Telegraph February 05, 2019 19:30 UTC