Additional Borrowing By States
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Finance Ministry Gives Nod To 11 States To Borrow Additional Rs 15,721 Crore
The Finance Ministry has permitted 11 states to borrow an additional amount of Rs 15,721 crore after these states achieved the capital expenditure target set for the June quarter.
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States Can Borrow More, But Will Be Linked To Reforms, Says Centre
States would be able to borrow more money, the Centre said today, increasing their borrowing limit from 3 per cent to 5 percent. This would give them an additional Rs 4.28 lakh crore, said Union finance minister Nirmala Sitharaman, unveiling the Rs 20 lakh crore fiscal stimulus in the fifth and the last tranche.
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Karnataka To Waive More Crop Loans Of Farmers
The Karnataka government would waive additional crop loans to the tune of Rs 9,448 crore borrowed from the state cooperative banks by farmers till July 10, said an official on Friday.
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Finance Ministry Gives Nod To 11 States To Borrow Additional Rs 15,721 Crore
The Finance Ministry has permitted 11 states to borrow an additional amount of Rs 15,721 crore after these states achieved the capital expenditure target set for the June quarter.
-
States Can Borrow More, But Will Be Linked To Reforms, Says Centre
States would be able to borrow more money, the Centre said today, increasing their borrowing limit from 3 per cent to 5 percent. This would give them an additional Rs 4.28 lakh crore, said Union finance minister Nirmala Sitharaman, unveiling the Rs 20 lakh crore fiscal stimulus in the fifth and the last tranche.
-
Karnataka To Waive More Crop Loans Of Farmers
The Karnataka government would waive additional crop loans to the tune of Rs 9,448 crore borrowed from the state cooperative banks by farmers till July 10, said an official on Friday.
