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of <h1>Tamil Nadu Secures Rs. 9,627 Crore in Additional Borrowing to Cover GST Shortfall Under Atmanirbhar Abhiyaan Initiative.</h1> Tamil Nadu has been authorized to borrow an additional Rs. 9,627 crore through open market borrowings after opting for Option-1 to address the GST implementation shortfall. This decision is part of a broader initiative where 21 states and 2 Union Territories, including Delhi and Jammu Kashmir, have been permitted to collectively mobilize Rs. 78,542 crore, in addition to Rs. 1.1 lakh crore already allocated. The Ministry of Finance is facilitating this through a special borrowing window, allowing states to borrow up to 0.50% of their Gross State Domestic Product (GSDP). This measure is part of the Atmanirbhar Abhiyaan initiative.
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