Ministry of Finance on Sunday informed that it has granted additional borrowing permissions to five states that have so far completed the stipulated reforms in the Ease of Doing Business.
As per the Finance Ministry, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana have been granted permission to mobilize additional financial resources to the tune of ₹16,728 crore through open market borrowings.Reform linked borrowing permissions are facilitating #EaseofDoingBusiness reforms➡️5 States completed stipulated reforms in #EaseofDoingBusiness➡️Additional borrowing permission of Rs.16,728 crore grantedRead more ➡️ https://t.co/DQGaOJ58aM@nsitharamanoffc@PIB_IndiaThe ministry said, Andhra Pradesh can borrow ₹2,525 crore,.