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of <h1>Telangana Completes Urban Local Bodies Reforms, Gains Rs. 2,508 Crore Borrowing Permission for Civic Improvements.</h1> Telangana has become the third state in India to complete Urban Local Bodies (ULB) reforms, joining Andhra Pradesh and Madhya Pradesh. This achievement allows Telangana to secure an additional borrowing permission of Rs. 2,508 crore through Open Market Borrowings. The reforms aim to financially strengthen ULBs to improve public health, sanitation services, and civic infrastructure. They include setting floor rates for property tax and user charges, and implementing periodic increases in line with inflation. These reforms are part of a broader initiative linked to increased borrowing limits for states undertaking citizen-centric reforms, with a total of Rs. 54,190 crore granted for such efforts across various states.
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