Finance Ministry is scheduled to meet senior officials of RBI on Thursday to work out borrowing calender for the second half of the current fiscal, reported PTI.
As per the Budget estimate, government requires to raise Rs 2.45 lakh crore in the second half of 2016-17 from the dated securities floated by RBI on behalf of the government.
During the first half, the gross borrowing was pegged at Rs 3.55 lakh crore.
In the Budget, the government has pegged gross market borrowing for 2016-17 at Rs 6 lakh crore and net borrowing at Rs 4.2 lakh crore.
The government borrows money from the market through T-bills and other instruments to fund its deficit.