• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Saturday, May 17, 2025
  • Login
Metro City News
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Finance/Money
  • Sports
  • Others
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Finance/Money
  • Sports
  • Others
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
Metro City News
No Result
View All Result
Home Business

Rajasthan becomes 6th State to complete ease of doing business reforms

Metro City News Desk by Metro City News Desk
December 26, 2020
in Business, State News
Share on FacebookShare on Twitter
Rajasthan becomes 6th State to complete ease of doing business reforms ; Additional borrowing permission of Rs. 2,731 crore issued
Additional borrowing permission of Rs.19,459 crore granted so far to 6 States for ease of doing business reforms

New Delhi : Rajasthan has become the 6th State in the country to successfully undertake “Ease of Doing Business” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs. 2,731 crore through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure on 24th December, 2020. Rajasthan has now joined the five other States namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana, who have achieved this feat. On completion of reforms facilitating ease of doing business, these six States have been granted additional borrowing permission of Rs.19,459 crore.


The ease of doing business is an important indicator of the investment friendly business climate in the country. Improvements in the ease of doing business will enable faster future growth of the state economy. Therefore, the Government of India had in May 2020, decided to link grant of additional borrowing permissions to States who undertake the reforms to facilitate ease of doing business. The reforms stipulated in this category are:
1) Completion of first assessment of ‘District Level Business Reform Action Plan’
2) Elimination of the requirements of renewal of registration certificates/approvals/licences obtained by businesses under various Acts.
3) Implementation of computerized central random inspection system under the Acts wherein allocation of inspectors is done centrally, the same inspector is not assigned to the same unit in subsequent years, prior inspection notice is provided to the business owner, and inspection report is uploaded within 48 hours of inspection.
In view of the resource requirement to meet the challenges posed by the COVID-19 pandemic, the Government of India had on 17th May, 2020 enhanced the borrowing limit of the States by 2 percent of their GSDP. Half of this special dispensation was linked to undertaking citizen centric reforms by the States. The four citizen centric areas for reforms identified were (a) Implementation of One Nation One Ration Card System, (b) Ease of doing business reform, (c) Urban Local body/ utility reforms and (d) Power Sector reforms.
So far 10 States have implemented the One Nation One Ration Card System, 6 States have done ease of doing business reforms, and 2 States have done local body reforms. Total additional borrowing permission issued so far to the States who have done the refoms stands at Rs.¬¬¬50,253 crore.
-PIB

RelatedPosts

A Diwali Like No Other: Mark Rober Teams Up with Mr. Indian Hacker for Explosive Innovation

A Diwali Like No Other: Mark Rober Teams Up with Mr. Indian Hacker for Explosive Innovation

May 16, 2025
Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology

Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology

May 12, 2025
Tags: business reformsRajasthan
ShareTweetShareSendSharePinSend
Previous Post

Vice President lauds Indian scientists for work on COVID 19 vaccine

Next Post

Skill Ministry and Tata launch first batch of Indian Institute of Skills

Metro City News Desk

Metro City News Desk

Related Posts

A Diwali Like No Other: Mark Rober Teams Up with Mr. Indian Hacker for Explosive Innovation
Business

A Diwali Like No Other: Mark Rober Teams Up with Mr. Indian Hacker for Explosive Innovation

by Metro City News Desk
May 16, 2025
Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology
Business

Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology

by Metro City News Desk
May 12, 2025
Jivanrang: How One Woman’s Childhood Sparked a Movement to Reimagine Eldercare in Urban India
Business

Jivanrang: How One Woman’s Childhood Sparked a Movement to Reimagine Eldercare in Urban India

by Metro City News Desk
May 6, 2025
Ceebeedesignstudio: A Homegrown Harmony of Indian Heritage and Luxury Living
Business

Ceebeedesignstudio: A Homegrown Harmony of Indian Heritage and Luxury Living

by Metro City News Desk
May 5, 2025
Ice Cream Works Launches Exciting New Line of Popsicles and Ice Cream Bars — All at Just ₹99
Business

Ice Cream Works Launches Exciting New Line of Popsicles and Ice Cream Bars — All at Just ₹99

by Metro City News Desk
May 1, 2025
LOGOUT: Empowering Experience Creators with AI-Powered Chat-Commerce
Business

LOGOUT: Empowering Experience Creators with AI-Powered Chat-Commerce

by Metro City News Desk
April 29, 2025
Next Post

Skill Ministry and Tata launch first batch of Indian Institute of Skills

Central Government gears up for roll out of COVID19 Vaccine

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Press Conference of Dadasaheb Phalke International Film Festival Awards 2022

Press Conference of Dadasaheb Phalke International Film Festival Awards 2022

January 21, 2022
Businessman Afzal Mitha Becomes Malta’s Correspondent Diplomat in India

Businessman Afzal Mitha Becomes Malta’s Correspondent Diplomat in India

April 23, 2025
A Trade Wake-Up Call: How U.S. Tariffs Are Shaking Indian Markets and Why Zebu Is the Investor’s Anchor

A Trade Wake-Up Call: How U.S. Tariffs Are Shaking Indian Markets and Why Zebu Is the Investor’s Anchor

April 24, 2025
India’s Fitness & Youth Icon Sahil Khan and Martial Arts Vispy Kharadi set a Guinness World Record

India’s Fitness & Youth Icon Sahil Khan and Martial Arts Vispy Kharadi set a Guinness World Record

October 13, 2022
Introducing Gres Bond by Kajaria – Elevating Your Tile Experience

Introducing Gres Bond by Kajaria – Elevating Your Tile Experience

September 15, 2023
A hike in petrol prices. Save money by riding an e-bike! The new future of two-wheelers

A hike in petrol prices. Save money by riding an e-bike! The new future of two-wheelers

April 16, 2022
Doceree Is Now Great Place To Work Certified

Doceree Is Now Great Place To Work Certified

June 6, 2023

Here’s what makes Ashoka School of Business one of the highest-ranking B-schools in India

April 27, 2023

Where to Buy First Copy Shoes Online: StyleSatchy’s Trusted Platform

October 12, 2024

Binance Embraces Innovation: Minati Token Set to Join the Ranks in the Innovation Zone

November 22, 2023

The most influential, positive and growing woman: Sharani Ponguru

November 20, 2021

Morari Bapuji went to the Pilgrimage town of Vrindavan for Darshan

October 13, 2020

Dr Jitendra Matlani, a renowned social icon of Dubai conferred with the prestigious Bharat Gaurav Award

December 27, 2021

Biggest Influencer festival Creator’s United organises in Goa by Mad Influence and Pinkvilla

January 13, 2023

Mr Ashutosh Landge Gets Elected as Member Governing Body, BRICS Chamber of Commerce and Industry for the Year 2023 to 2026

May 5, 2023

“FLAIRBASH” BY Riya Jhamb and Supriya Jhamb (CANVAS PAINTINGS and ART EXHIBITIONS)

March 17, 2021

Categories

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • Uncategorized
  • World

Recent News

A Diwali Like No Other: Mark Rober Teams Up with Mr. Indian Hacker for Explosive Innovation

A Diwali Like No Other: Mark Rober Teams Up with Mr. Indian Hacker for Explosive Innovation

May 16, 2025
Aveya IVF & Fertility Center: Pioneering Accessible Parenthood with Fertility Solutions

Aveya IVF & Fertility Center: Pioneering Accessible Parenthood with Fertility Solutions

May 14, 2025
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 Metro City News

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Metro City News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In