Finance Ministry Allows Additional Rs 7,106 Cr Borrowing by UP, Andhra Pradesh
4 years, 2 months ago

Finance Ministry Allows Additional Rs 7,106 Cr Borrowing by UP, Andhra Pradesh

News 18  

The Centre on Friday permitted Uttar Pradesh and Andhra Pradesh to go for an additional borrowing of Rs 7,106 crore, to meet their expenditure requirements amid falling revenues due to the COVID-19 crisis. "The Ministry of Finance has granted additional borrowing permission to two more states, Uttar Pradesh and Andhra Pradesh, for successfully undertaking reforms in the public distribution system and ease of doing business," an official statement said. Earlier, Andhra Pradesh had also completed PDS reforms to enable the One Nation-One Ration Card system. Last week, five states Andhra Pradesh, Telangana, Goa, Karnataka and Tripura received the finance ministry's nod for additional Rs 9,913 crore borrowing, after meeting the reform condition of the implementation of One Nation-One Ration Card system.

History of this topic

Telangana to check other states’ ration rules
4 months, 2 weeks ago
Cabinet panel to seek inputs from MPs, MLAs and MLCs on new ration cards: Uttam Kumar Reddy
4 months, 2 weeks ago
AP Exhausted 97.4% of Credit Limit under RBI: TD
1 year, 4 months ago
Govt Allows to 10 States to Borrow Additional Rs 28,204 Cr for Power Sector Reforms
2 years, 8 months ago
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3 years, 5 months ago
One Nation One Ration Card : Integration Of Assam, Chhattisgarh, Delhi & West Bengal Remaining, Centre Tells Supreme Court
3 years, 6 months ago
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3 years, 9 months ago
Tamil Nadu 11th State to Implement 'One Nation One Ration Card' Reform, Says Finance Ministry
3 years, 11 months ago
Nine States Have Implemented 'One Nation One Ration Card' System: Finance Ministry
4 years ago
Tamil Nadu, 20 Other States to Borrow Additional Rs 78,452 Cr to Meet Revenue Shortfall
4 years, 2 months ago
J&K, Manipur, Nagaland & Uttarakhand Join 'One Nation-One Ration Card' Scheme: Ram Vilas Paswan
4 years, 4 months ago

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