MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)
(a) The borrowings of the Union Government during Ist quarter of
the current financial year vis-a-vis last year are as under:-
Borrowings during 1st Quarter (Rs. crore)
1999-2000 2000-2001
Months Market 364 day Market 364 day Loans T. Bills Loans T. Bills
April 18,000 1,000 11,000 1,000
May 9,000 1,000 18,683 1,000
June 10,000 1,000 4,000 1,500
TOTAL 37,000 3,000 33,683 3,500
(b) and (c) : There is no precisely quantifiable nexus between
Government borrowing, inflation and money circulation.