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LATEST NEWS UPDATES | Five more States complete ease of doing business reforms

Five more States complete ease of doing business reforms

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published Published on Mar 20, 2021   modified Modified on Mar 21, 2021

-PTI/ The Hindu

With this, 20 States are now eligible for an additional borrowing of 0.25% of Gross State Domestic Product.

As many as 20 States have successfully completed ease of doing business reforms, the Finance Ministry said on Saturday.

States completing the reforms are eligible for additional borrowing of 0.25% of Gross State Domestic Product (GSDP).

“The number of States that have successfully completed the 'Ease of Doing Business' reforms has reached to 20. Five more States namely, Arunachal Pradesh, Chhattisgarh, Goa, Meghalaya and Tripura have completed the 'Ease of Doing Business’reforms stipulated by the Department of Expenditure,” the Ministry said in a statement.

The Department of Expenditure has granted permission to these 20 States to raise additional financial resources of 39,521 crore through Open Market Borrowings.

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PTI/ The Hindu, 20 March, 2021, https://www.thehindu.com/business/Economy/five-more-states-complete-ease-of-doing-business-reforms/article34117122.ece?homepage=true&fbclid=IwAR2fqTQMGCj7-Qqqmkrbk0llFHjjtZzzMu2OmMF4efIdykNchttu6_jsfPs


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