Sat. Feb 27th, 2021

Four more States complete ease of doing business reforms

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New Delhi, Feb 6 (HS): Four more States namely, Assam, Haryana, Himachal Pradesh and Punjab have undertaken “Ease of Doing Business” reforms stipulated by the Department of Expenditure, Ministry of Finance. Thus, these State have become eligible to mobilise additional financial resources and have been granted permission to raise additional Rs.5,034 crore through Open Market Borrowings.

Thus, total number of State who has undertaken the stipulated reforms to facilitate ease of doing business has gone up to 12. Earlier, Andhra Pradesh, Karnataka, Kerala, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana have also reported completion of this reform, which was confirmed by the Department for Promotion of Industry and Internal Trade (DPIIT).

On completion of reforms facilitating ease of doing business, these twelve States have been granted additional borrowing permission of Rs.28,183 crore.