Delhi govt to fund ₹1,03,700 crore budget via revenue, RBI market borrowing

The Delhi government will finance its highest-ever budget, tabled by Chief Minister Rekha Gupta on Tuesday, through its own revenue pegged at Rs 74,000 crore and Rs 16,700 crore market borrowing through the RBI. The Budget Estimates in 2026-27 of Rs 1,03,700 crore is Rs 3,700 crore higher than the Rs 1,00,000 crore BE in 2025-26, an increase of 3.7 per cent. It will be the first time that the Delhi government will source budget funds through market borrowing. In January this year, the Delhi government signed an MoU with the Reserve Bank of India (RBI), under which the central bank serves as the banker, debt manager and financial agent of the government. The agreement enables market borrowing through state development loans, automatic investment of surplus cash, professional cash management and access to low-cost liquidity facilities within the framework prescribed by the Centre and the RBI Act. Gupta had said that funds raised through market borrowings would be utilised exclusivel

Go to News Site