https://www.taxtmi.com/news?id=24661 Seven States met the incremental capital expenditure target for Q2 2021-22 and were allowed additional open market borrowing equivalent to 0.5% of GSDP drawn from the 4% GSDP net borrowing ceiling. Access to this capital expenditure linked borrowing requires meeting staged targets (15% by Q1, 45% by Q2, 70% by Q3, 100% by year end). Two review rounds assessed expenditure to 30 September 2021 for 22 States, with further reviews planned in March and June 2022 to permit ceilings and adjust any shortfalls against 2022-23 borrowing. en-us Fri, 12 Nov 2021 17:40:09 +0530 Fri, 12 Nov 2021 17:40:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24661 Seven States met the incremental capital expenditure target for Q2 2021-22 and were allowed additional open market borrowing equivalent to 0.5% of GSDP drawn from the 4% GSDP net borrowing ceiling. Access to this capital expenditure linked borrowing requires meeting staged targets (15% by Q1, 45% by Q2, 70% by Q3, 100% by year end). Two review rounds assessed expenditure to 30 September 2021 for 22 States, with further reviews planned in March and June 2022 to permit ceilings and adjust any shortfalls against 2022-23 borrowing. News - Fri, 12 Nov 2021 17:40:09 +0530 https://www.taxtmi.com/news?id=24661