Economy, Banking and Finance · 3 February 2026

Government sets record Rs 17.2 lakh crore gross market borrowing for 2026-27.

Exam-focused facts from the 3 February 2026 current affairs briefing.

Key facts

  • Gross market borrowing for 2026-27 fixed at Rs 17.2 lakh crore.
  • Net market borrowing pegged at Rs 11.7 lakh crore.
  • Gap of Rs 5.5 lakh crore between gross and net borrowing reflects repayment of earlier debt.
  • Capital expenditure target for FY27 set at Rs 12.2 lakh crore.
  • Borrowing programme overseen by Department of Expenditure in coordination with Reserve Bank of India (RBI).