Kerala has successfully completed its 'Ease of Doing Business' reforms, making it the eighth state in India to achieve this milestone. This achievement grants the state eligibility for an additional open market borrowing of Rs. 2,373 crore. Kerala now joins six other states that have also completed these reforms, collectively receiving over Rs. 23,000 crore in additional borrowing permissions to boost their economies.
Kerala becomes the 8th State to complete ease of doing business reforms; Additional borrowing permission of Rs. 2,373 crore granted
Additional borrowing permission of Rs.23,149 crore granted so far to 8 States for implementation of ease of doing business reforms
Kerala has become the 8th State
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FAQ :
Kerala has become the 8th state in the country to complete the 'Ease of Doing Business' reform.
Kerala has been granted permission to mobilise additional financial resources of Rs. 2,373 crore through Open Market Borrowings.
The other seven states that have completed the reform are Andhra Pradesh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu, and Telangana.
These eight states have been granted a total of Rs. 23,149 crore in additional borrowing permissions upon completion of the reforms.
The reforms include completing the first assessment of the 'District Level Business Reform Action Plan', eliminating renewal requirements for business registrations and approvals, and implementing a centralised random inspection system.