https://www.taxtmi.com/news?id=23225 Ministry of Finance authorized additional borrowing for States as a conditional incentive tied to specified reforms. Two States received permission to raise funds through Open Market Borrowings after completing PDS reforms implementing One Nation One Ration Card-requiring Aadhar seeding, biometric authentication, and FPS automation-and Ease of Doing Business reforms. Each eligible reform attracts an additional borrowing allowance equal to 0.25 percent of GSDP, assessed by the nodal Departments, and forms part of a broader temporary increase in State borrowing capacity linked to completion of enumerated reform categories. en-us Sat, 03 Oct 2020 11:32:29 +0530 Sat, 03 Oct 2020 11:32:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23225 Ministry of Finance authorized additional borrowing for States as a conditional incentive tied to specified reforms. Two States received permission to raise funds through Open Market Borrowings after completing PDS reforms implementing One Nation One Ration Card-requiring Aadhar seeding, biometric authentication, and FPS automation-and Ease of Doing Business reforms. Each eligible reform attracts an additional borrowing allowance equal to 0.25 percent of GSDP, assessed by the nodal Departments, and forms part of a broader temporary increase in State borrowing capacity linked to completion of enumerated reform categories. News - Sat, 03 Oct 2020 11:32:29 +0530 https://www.taxtmi.com/news?id=23225