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    <title>Telengana becomes the 3rd State to complete Urban Local Bodies reforms; Additional borrowing permission of 2,508 crore issued</title>
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    <description>Completion of Urban Local Bodies reforms in Telangana makes the State eligible to mobilise additional borrowing under the enhanced fiscal dispensation. The reforms require notification of floor property tax rates aligned with circle rates, floor user charges for water, drainage and sewerage reflecting costs and inflation, and a system for periodic increases in those floor rates.</description>
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