India's central government plans to raise Rs 7.5 trillion through market borrowing in the first half of the 2024-25 financial year.

India's central government plans to raise Rs 7.5 trillion ($96.97 bn) through market borrowing in the first half of the 2024-25 financial year (April to September). This represents 53.08% of the total gross market borrowing target of Rs 14.13 lakh crore for the financial year 2024-25. Out of the planned borrowing, Rs 12,000 crore will be raised through issuance of Sovereign Green Bonds (SGrBs) in the first half. The projected market borrowing for 2024-25 is lower than the last fiscal's gross borrowing estimate of Rs 15.43 trillion, an all-time high.