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Just-In-Time releases save India ?26,000 crore in interest: FM

The FM observed these measures have resulted in significant financial efficiencies without placing any additional burden on taxpayers.
The article from CNBC TV18 discusses how the Indian government's strategy of releasing funds "just in time" has resulted in significant savings on interest costs. Finance Minister Nirmala Sitharaman highlighted that this approach has saved the country approximately Rs 26,000 crore in interest payments. This method involves disbursing funds only when they are needed, rather than keeping large sums idle, thereby reducing the interest burden on the government. The savings are part of broader fiscal management efforts to control expenditure and manage the fiscal deficit more effectively.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/business/finance/just-in-time-releases-save-india-rs-26000-crore-in-interest-fm-19566882.htm ]