New Delhi, March 27 -- The government is planning to borrow Rs 7.5 lakh crore through market borrowing between April and September 2024-25 to bridge the revenue gap and stimulate economic growth, the finance ministry said on Wednesday.

In the first half of the fiscal year 2024-25, out of the projected gross market borrowing of Rs 14.13 lakh crore, approximately 53 percent, or Rs 7.5 lakh crore, is earmarked for borrowing, as per an official statement.

Finance Minister Nirmala Sitharaman had proposed in the interim Budget to raise Rs 14.13 lakh crore through issuing dated securities to address the revenue deficit in the upcoming financial year.

This years projected gross borrowing estimate of Rs 14.13 lakh crore is lower than last years...