-The Telegraph They have completed the 'ease of doing business' reforms stipulated by the department of expenditure Twenty states have completed the “ease of doing business” reforms stipulated by the department of expenditure, which would enable them to get an additional borrowing permission of Rs 39,521 crore through open market borrowings, the finance ministry said on Saturday. “States completing ease of doing business reforms are eligible for additional borrowing of 0.25 per cent...

-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...

-The Hindu ‘It moved from a revenue surplus to a revenue deficit State’ Chennai: Tamil Nadu’s fiscal indicators have deteriorated drastically from 2012-13 to 2018-19 and most borrowings in the recent years have gone to fund its revenue deficit, instead of capital expenditure, the 15th Finance Commission report tabled in the Parliament recently said. Tamil Nadu moved from a “revenue surplus” to a “revenue deficit” State after 2012-13, it noted. A revenue deficit...

-The Hindu The Chief Minister says he has delivered good governance and prosperity, but data show otherwise As Bihar goes to the polls, it is important to scrutinise Chief Minister Nitish Kumar’s repeated claims about delivering ‘sushasan’ (good governance) and ‘taraqqi’ (prosperity). Does the reality justify these claims? Or are these boasts similar to the ‘Gujarat Model’, merely effective as propaganda? Poor on many indicators Bihar’s economy has performed poorly under the Janata Dal...

-The Indian Express Nitish’s 15 years have seen high growth, especially in welfare indices, spending; industries slower to catch up. New Delhi: As Bihar heads into an election that promises to be a battle of proxies fought between former and present allies, on the state’s economic conditions alone, Chief Minister Nitish Kumar seems to have a clear edge. The state has improved in the last five years in terms of growth of...