Rajasthan has successfully completed its 'Ease of Doing Business' reforms, making it the sixth state in India to achieve this milestone. This accomplishment grants the state eligibility to borrow an additional ₹2,731 crore through open market borrowings. Rajasthan joins Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu, and Telangana in meeting these reform criteria, which are designed to improve the business climate and foster economic growth.
Rajasthan becomes 6th State to complete ease of doing business reforms ; Additional borrowing permission of Rs. 2,731 crore issued
Additional borrowing permission of Rs.19,459 crore granted so far to 6 States for ease of doing business reforms
Rajasthan has become the 6thState in the country to successfully undertake Ease of Doing Business reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources
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FAQ :
Rajasthan has recently completed the 'Ease of Doing Business' reforms.
Six states have now completed the ease of doing business reforms.
Rajasthan is eligible to mobilise additional financial resources of Rs. 2,731 crore through Open Market Borrowings.
The other five states are Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu, and Telangana.
The reforms include completing a District Level Business Reform Action Plan, eliminating the need for renewal of certain business registrations, and implementing a computerized random inspection system.
A total of Rs. 19,459 crore in additional borrowing permission has been granted to the six states that have completed the ease of doing business reforms.