Sun Mar 16 11:05:58 UTC 2025: ## Telangana Government Slows Down on Market Borrowings
**Hyderabad, March 16, 2025** – The Telangana government has significantly reduced its open market borrowings in the current fiscal year, raising questions about its financial strategy. While the government initially planned to raise ₹30,000 crore through weekly auctions of government securities in the fourth quarter, it has only managed to secure ₹13,800 crore through five auctions as of March 11th. Furthermore, it is skipping the upcoming auction on March 18th, leaving only one auction remaining before the fiscal year ends.
A senior government official attributed the slowdown to “prudence,” refusing to elaborate on specific reasons. This contrasts sharply with the government’s steadily increasing borrowing pattern in previous years.
Provisional figures show that the state government’s total borrowings and liabilities reached approximately ₹68,000 crore by March 11th, exceeding the budgeted estimate of ₹49,255 crore by nearly ₹19,000 crore. The discrepancy between the planned and actual borrowings has sparked speculation about the state’s financial management. The government’s approach in the final auction on March 25th will be closely watched to understand its revised fiscal strategy for the year.
First Piper 