The Central Government has allowed five states that has completed the Ease of Doing Business Reforms to mobilize additional financial resources

The Central Government vide Press Release dated 20 December, 2020 has allowed five states that has completed the Ease of Doing Business Reforms to mobilize additional financial resources through open market borrowings. 5 States have so far completed the stipulated reforms in the Ease of Doing Business. These States have been granted permission to mobilize additional financial resources to the tune of Rs 16,728 crore through open market borrowings. These States are Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana. State wise amount of additional borrowing permissions granted is also enlisted.

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