Kerala becomes 8th state to implement ease of doing biz reforms; borrowing limit hiked

Updated Jan 13, 2021 | 14:32 IST
FInance Ministry said Kerala is now eligible to mobilise additional financial resources of Rs 2,373 crore through Open Market Borrowings
Kerala becomes 8th state to implement ease of doing biz reforms; borrowing limit hiked  |  Photo Credit: ANI
Kerala has become the 8th state in the country to successfully undertake ‘ease of doing business’ reforms stipulated by the Department of Expenditure, Ministry of Finance.
Thus, the state has become eligible to mobilise additional financial resources of Rs 2,373 crore through Open Market Borrowings, said the Ministry of Finance in a statement issued Wednesday.
Permission for the same was issued by the Department of Expenditure on January 12, 2021. Kerala has now joined the seven other states namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana, who have completed this reform. ]

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