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Reform linked borrowing permissions are facilitating Ease of Doing Business reforms 5 States completed stipulated reforms in Ease of Doing Business Additional borrowing permission of Rs.16,728 crore granted Linking the grant of additional borrowing permissions by the Government of India to
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FAQ :
Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu, and Telangana have been granted additional borrowing permissions.
A total of Rs. 16,728 crore in additional borrowing permission has been granted to the five states.
The reforms included completing the 'District Level Business Reform Action Plan', eliminating renewal requirements for business registrations under specific acts, and implementing a computerised central random inspection system.
Improvements in the ease of doing business are an important indicator of an investment-friendly business climate and enable faster future growth of the state economy.
The deadline for states to complete citizen-centric reforms, including Ease of Doing Business, and be eligible for reform-linked benefits was extended to 15th February 2021.
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