India may cut market borrowing if small savings shoot up

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSNEW DELHI - India's market borrowing could be less than expected for the current fiscal year if small savings are more than projected, Economic Affairs Secretary Ajay Seth told Reuters on Thursday.

The government has estimated that 26% of the projected fiscal deficit of 17.89 trillion rupees will be funded by investments from the National Small Saving Fund .

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