Government securities

Yields on government securities have been rising on worries of fiscal slippage.
A breach in fiscal deficit target may force finance minister Arun Jaitley to recalibrate his fiscal consolidation road map of achieving a fiscal deficit of 3% of GDP by 2018-19. Photo: PTI
During April-October, state governments issued a gross SDL of Rs2.1 trillion. Photo: Mint

States’ market borrowings to rise

4 min read . 21 Nov 2017