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GoI Policy Tracker

₹7.86 lakh crore borrowing set for H2 FY27

September 26, 2026 6 mins read Firehose Gupta

EXECUTIVE SUMMARY:

Government sets ₹7.86 lakh crore borrowing for H2 FY27
The Centre plans to raise ₹7.86 lakh crore in the second half of FY 2026-27, including ₹15,000 crore in Sovereign Green Bonds. This signals continued heavy funding needs and will shape interest-rate expectations and government securities supply.

Treasury bill and bond auction calendar released for Oct–Mar
The Finance Ministry, with RBI, published the indicative schedule for dated government securities and Treasury Bills for the next quarter/half-year. Investors get clearer timing and maturity mix, including a planned share for Sovereign Green Bonds.

RINL land e-auction set for October; 459 parcels offered
The government’s land monetisation arm held outreach events ahead of an October e-auction of 459 land parcels of Visakhapatnam Steel Plant (RINL). The auction details and timelines are now set, which could unlock value from non-core land and attract developers/investors.

Heavy Industries starts E-waste push under “Disposal of Pending Matters 6”
The Ministry of Heavy Industries has begun a preparatory phase focused on collecting, segregating and disposing e-waste under the E-Waste (Management) Rules, 2022. It also targets reducing physical and digital file pendency, which may affect how its public-sector units manage compliance and waste.

Water Week points to next phase of rural drinking water focus
India International Water Week 2026 concluded with emphasis on moving from building rural water infrastructure to ensuring safe, regular, sustainable service. It also highlighted stronger community participation and more data/digital approaches for water governance.

Youth Affairs runs nationwide health and anti-substance campaign
NSS under the Youth Affairs ministry conducted “My Health, My Pride” activities under the Nasha Mukt Yuva campaign, including health check-ups for 48,556 youth and substance-free pledges. This is a direct prevention push aimed at teenagers and schools.

Cooperative sector to get a national training blueprint
The Ministry of Cooperation held a national consultation to set directions for a National Cooperative Training Framework (NCTF) 2026. The focus is on training quality and outcomes for cooperative institutions, followed by regional consultations.

NHRC seeks report after reported gang-rape suicide in Jhansi
NHRC took suo motu notice of a media report about a 19-year-old woman’s suicide after alleged gang rape, and asked Jhansi’s district administration and police for a detailed report within two weeks. This can trigger scrutiny of investigation and any compensation.

Minority Affairs signs monitoring and quality-assessment partnerships
The Ministry of Minority Affairs announced new partnerships with institutions like IIM Bangalore and IIT Madras to strengthen independent monitoring and quality assessment for minority-focused programmes. It also links entrepreneurship and innovation support for minority communities through incubation and skilling ecosystems.

DETAILED NOTES:

Government sets ₹7.86 lakh crore borrowing for H2 FY27
What happened:
* The government decided to borrow ₹7,86,000 crore in the second half of FY 2026-27.
* It includes ₹15,000 crore of Sovereign Green Bonds.
* It also plans weekly Treasury Bill auctions in Q3 (third quarter) and will use “switching/buyback” to manage redemption timing.
Why it matters:
* More borrowing affects government securities supply and can influence bond yields and borrowing costs across the economy.
* The green bond component also signals continued demand for climate-linked financing.

Treasury bill and bond auction calendar released for Oct–Mar
What happened:
* The Finance Ministry released an indicative issuance calendar for dated government securities for Oct 2026–Mar 2027.
* It also released the Treasury Bill auction calendar for Oct–Dec 2026, with a total notified amount of ₹2,99,000 crore across 91/182/364-day bills.
* The calendar includes a reserved portion for retail investors and mentions flexibility to change amounts/timing.
Why it matters:
* Investors get clearer planning for when different maturities will be auctioned, improving market predictability.
* The inclusion of Sovereign Green Bonds in the schedule keeps green financing in focus for the next half-year.

RINL land e-auction set for October; 459 parcels offered
What happened:
* NLMC (National Land Monetization Corporation) ran outreach in Visakhapatnam, Vijayawada and Hyderabad ahead of an October e-auction.
* The auction will cover 459 land parcels totaling about 93,572 square yards, with two auction days (Oct 12 and Oct 16).
* The e-auction uses the RailTel e-Nivida platform; the earnest money deposit is ₹2 lakh per auction.
Why it matters:
* This is a concrete step to monetize non-core land tied to a major steel plant, potentially attracting real-estate and development bids.
* Clear auction timelines can reduce uncertainty for investors and local stakeholders.

Heavy Industries starts E-waste push under “Disposal of Pending Matters 6”
What happened:
* The Ministry of Heavy Industries began the preparatory phase (Sept 15–30, 2026) for “Special Campaign for Disposal of Pending Matters 6”.
* The campaign’s special emphasis this year is effective collection, segregation and disposal of e-waste under the E-Waste (Management) Rules, 2022.
* It set targets like identifying e-waste items and closing obsolete physical/digital records ahead of the main phase (Oct 2–31, 2026).
Why it matters:
* Compliance-focused e-waste handling can affect costs and processes for heavy-industry public-sector units.
* Reducing file and record pendency may also improve internal governance and audit readiness.

Water Week points to next phase of rural drinking water focus
What happened:
* India International Water Week 2026 concluded with a strong message that the next phase should prioritize safe, adequate, regular and sustainable rural drinking water services.
* It highlighted community participation, source sustainability, and better wastewater/greywater management.
* It also pointed to data-driven governance and digital approaches for water service monitoring.
Why it matters:
* This direction can influence how rural water programmes are funded, measured, and managed—shifting attention from “infrastructure built” to “service delivered.”
* Businesses in water tech, monitoring, and sanitation may see demand for solutions that improve reliability and water quality.

Youth Affairs runs nationwide health and anti-substance campaign
What happened:
* NSS conducted “My Health, My Pride” activities under the Nasha Mukt Yuva for Viksit Bharat campaign.
* Activities ran across 167 educational institutions and adopted villages, with 1,75,368 participants.
* 48,556 youth (ages 15–18) received health check-ups and BMI assessments, and about 62,000 took a substance-free pledge.
Why it matters:
* It’s a large-scale prevention and early health screening effort targeted at teenagers.
* Schools and local health authorities are being pulled into substance-abuse prevention, which can shape youth behaviour and community awareness.

Cooperative sector to get a national training blueprint
What happened:
* The Ministry of Cooperation held a national agenda-setting consultation for the National Cooperative Training Framework (NCTF) 2026.
* The stated emphasis is on training quality and outcomes, not just increasing the number of training programmes.
* The national consultation will be followed by five regional consultations across India.
Why it matters:
* Cooperative institutions rely heavily on trained staff and managers; better training design can improve how cooperatives function and serve members.
* It signals government intent to professionalize the cooperative sector more systematically.

NHRC seeks report after reported gang-rape suicide in Jhansi
What happened:
* NHRC took suo motu notice of a media report about a 19-year-old woman’s suicide after alleged gang rape in Jhansi, Uttar Pradesh.
* NHRC issued notices to the District Magistrate and Senior Superintendent of Police, asking for a detailed report within two weeks.
* The report is expected to include the investigation status and whether compensation was paid to the next of kin.
Why it matters:
* NHRC scrutiny can increase pressure for timely, thorough investigation and accountability.
* It may also affect how authorities handle victim support and compensation processes.

Minority Affairs signs monitoring and quality-assessment partnerships
What happened:
* The Ministry of Minority Affairs announced partnerships with institutions including IIM Bangalore and IIT Madras, plus IISc-linked and incubation entities.
* It includes independent third-party monitoring of PM VIKAS training (South zone) and independent quality assessment of PMJVK infrastructure projects.
* The ministry also described collaborations aimed at strengthening entrepreneurship, innovation, incubation and skilling for minority communities.
Why it matters:
* Independent monitoring and quality assessment can change how programmes are evaluated and corrected on the ground.
* Entrepreneurship and incubation partnerships can affect how minority entrepreneurs access support, mentoring, and market pathways.