Reform Linked Borrowing
19
Jan
Reform Linked Borrowing Subject – Economy Context – ‘20 states express interest to avail extra borrowing’ Concept – The Ministry of Finance had launched a programme in June last year to allow additional borrowing space of Rs 80,000 crore to states, which is conditional on them undertaking and sustaining specific reforms in the […]
REFORM LINKED BORROWING
29
Apr
REFORM LINKED BORROWING Subject: Economy Context: States implementing key institutional reforms can borrow Rs 1.06 lakh crore more. Concept: The Finance Ministry has permitted additional borrowings of Rs 1.06 lakh crore as at March-end to those states which have carried out some key institutional reforms. Last October, the Central government had linked permission […]