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Ministry of Finance Department of Expenditure released the 14th weekly installment of Rs 6000 crore

Ministry of Finance Department of Expenditure released the 14th weekly installment of Rs 6000 crore
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Andhra, MP stand to get additional Rs 1,004 cr under Capex Scheme for completing 3 out of 4 citizen-centric reforms


Union Budget 2020: Speech highlights
Madhya Pradesh and Andhra Pradesh have successfully completed three of the four citizen centric reforms despitr the coronavirus pandemic and stand to gain additional borrowing rights for capital expenditure stipulated, said the Ministry of Finance on Wednesday.
The four citizen centric reforms include the One Nation - One Ration Card Reforms, Ease of Doing Business Reforms, Urban Local Body/Utility Reform and Power Sector Reform. Barring the power sector reforms, these two states were able to complete the first three reforms, becoming the  first group of states to be awarded with extra borrowing rights for capital expenditure. ....

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Madhya Pradesh, Andhra Pradesh get additional financial assistance of ₹1,004 crore for capital expenditure


Madhya Pradesh, Andhra Pradesh get additional financial assistance of ₹1,004 crore for capital expenditure
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Centre has given additional financial assistance of ₹1,004 crore to Madhya Pradesh and Andhra Pradesh for capital expenditure after they completed three out of the four citizen-centric reforms.
The two States have completed the One Nation, One Ration Card Reforms, Ease of Doing Business Reforms, and Urban Local Bodies Reforms, Ministry of Finance said in a statement on January 6.
Consequent upon completion of reforms in the three sectors, the Department of Expenditure, Ministry of Finance has decided to provide additional financial assistance amounting to ₹1,004 crore to these States under the newly launched Scheme of Special Assistance to States for Capital Expenditure, it said. ....

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