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<a href="http://www.accessmylibrary.com/coms2/summary_0286-22284650_ITM" title="Facts and information about Rs10,000 CRORE EXPENDITURE SAVINGS LIKELY IN 2002-2003 (savings from reduction in interest payments, and in defence and Plan expenditures).">Rs10,000 CRORE EXPENDITURE SAVINGS LIKELY IN 2002-2003 (savings from reduction in interest payments, and in defence and Plan expenditures).</a>
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Rs10,000 CRORE EXPENDITURE SAVINGS LIKELY IN 2002-2003 (savings from reduction in interest payments, and in defence and Plan expenditures).
(From India Business Insight)
The Government of India expects to save Rs10,000 crore out of the budgeted expenditure of Rs4,10,309 crore for 2002-2003. The savings are from reduction in interest payments, and in defence and Plan expenditures. Weighted average cost of borrowings has declined from 9.44 percent in 2001-2002 to 7.2 percent in 2002- 2003. Savings from ...
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