Govt to borrow majority of its fund requirements for 2015-16 in the first half

24 Mar 2015 Evaluate

The government has announced its borrowing calendar saying that it will borrow a majority of its fund requirements for 2015-16 in the first half of the fiscal, raising Rs 3.6 lakh crore from the market between April and September 2015. This amounts to 66.7 per cent of the targetted gross market borrowing of Rs 6 lakh crore in 2015-16. It also announced measures to smoothen the management of government debt including framing of guidelines to reduce the pressure of repayment of loans raised earlier.

Finance Secretary Rajiv Mehrishi has said that the government also plans to raise long term bonds of 40-year duration from the market. "We will issue long-term bonds of 40 years in early next financial year. It will help us in the long run and will provide stability in the system." Mehrishi further stated that the Central Government would be borrowing about Rs 17,000-18,000 crore through bonds every week. The borrowing in the first half of the next fiscal will be raised from the market through bonds during the year. After deducting the repayments of loans maturing in the April-September period, the net borrowings of the government during the period will be Rs 2.25 lakh crore.

The calendar for market borrowing was decided at a meeting between officials of the Finance Ministry and Reserve Bank (RBI). It was also decided that in the next financial year the government would exchange Rs 50,000 crore worth of bonds that are maturing in the next two to three years with bonds of longer tenor. This will reduce the amount of loan that the government will have to repay during the period. The government would come out with a concept paper for switching of bonds in the coming days that would lay out the principle on which it would be done in future.

The government, as per the budget papers, plans to borrow Rs 6 lakh crore from the market in the next fiscal, up from Rs 5.92 lakh crore in 2014-15. However, the net borrowings in 2015-16 will be Rs 4.56 lakh crore, after considering repayments of past loans and interest, as per budget documents.

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.