Business Standard

10 targets that states need to achieve to avail extra borrowing

These targets are under four categories, namely, One-Nation-One-Ration Card, ease of doing business, power sector reforms and urban local body reforms

Borrowing, shares, shareholder, investors
Premium

The official said that the targets given to states were aimed at plugging leakages, maximizing revenues and ensuring investment

Arup Roychoudhury New Delhi
The Finance Ministry has sent a memorandum to the states listing out 10 specific targets that they have to meet to avail extra borrowing from the markets.
 
These conditions are implementation of the ‘One Nation, One Ration Card’ scheme, ease of doing business, power sector reforms, and urban local body reforms.
 
Finance Minister Nirmala Sitharaman had spoken of the conditions during her media briefing on Sunday. Immediately after her address on Sunday afternoon, the Ministry sent the missive to all the state governments explaining what that will entail.
 
According to senior government sources, under the ‘One Nation One Ration Card’,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in