Going easy on loans: FM brings transparency in off-budget borrowings

Sitharaman does away with loans from National Small Savings Fund to Food Corporation of India. Illustration: Dominic Xavier/Rediff.com The government has brought further transparency in the fiscal......

FCI to get Rs 2.15 trillion as food subsidy in 2020-21

This is the highest in the past five years and almost 24 per cent more than last year. The Food Corporation of India (FCI) will borrow a whopping Rs 1.36 trillion from the National Small Savings......

Jump in small savings to burden govt

The Centre has to bear the burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.Abhishek Waghmare reports. Government securities against the collections in the National Small Savings Fund......

Covid-19 effect: Small savings cross Rs 1-trillion mark in first 6 months of FY21

Overall, small savings have amassed Rs 1.17 trillion from April-September — 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three......