Govt plans to use borrowings for capex, it is non-inflationary, says Finance Secretary

New Delhi [India], February 3 (ANI): India is using its market borrowings for Capital Expediture and its Budget is non-inflationary, said Tuhin Kanta Pandey, Finance and Revenue Secretary on Monday.

"We are borrowing to build capex," Pandey told a post-Budget industry conference organised by FICCI, stressing that it was a non-inflationary budget.

As announced in the Union budget on February 1, the government plans to borr