<h1>Deadline for State Reforms Extended to Feb 15, 2021; Unlock Additional Borrowing for Citizen-Centric Changes in Key Sectors.</h1> The deadline for states to implement citizen-centric reforms has been extended to February 15, 2021, allowing states to receive additional borrowing permissions upon completion. The reforms focus on four areas: the One Nation One Ration Card System, ease of doing business, urban local body/utility reforms, and power sector reforms. States completing these reforms can borrow an additional 0.25% of their GSDP per reform, with potential total borrowings up to Rs. 2.14 lakh crore. Additionally, states completing three reforms can access funds under the Scheme for Financial Assistance to States for Capital Expenditure. The extension aims to encourage more states to complete reforms and secure financial benefits.