Meghalaya allowed additional borrowing during 2020-21 for implementation of EoDB reform

New Delhi, 26: The Union Government has fixed norms for implementation of Ease of Doing Business (EoDB) in the country to enable state-specific reforms. This was stated in a written reply by Union Minister of State for Finance Mr. Pankaj Chaudhary to a question in Lok Sabha today.

The Minister stated that in order to strengthen resources in the hands of State Governments in the wake of unprecedented COVID-19 pandemic, the Union Government addressed to all the States, laid out an additional borrowing of 0.25% for each reform of the Gross State Domestic Product (GSDP) to the States for FY 2020-21 subject to implementation of following specific state level reforms.

The reforms include, Implementation of One Nation One Ration Card System; Ease of Doing Business reform; Urban Local body and  utility reforms and Power Sector reforms.

The Minister stated that twenty  states were allowed additional borrowing of Rs 39,521 crore during 2020-21 for implementation of EoDB reform and it is a continuous process and its outcome would be visible in due course.

The list of States that have completely implemented the reform on EoDB are, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu, Telangana, Rajasthan, Kerala, Odisha, Himachal Pradesh, Haryana, Assam, Gujarat, Punjab, Arunachal Pradesh, Uttar Pradesh,   Uttarakhand, Meghalaya, Chhattisgarh, Tripura, Goa.



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