• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Saturday, June 14, 2025
  • Login
News Mirror
  • Home
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Finance/Money
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • 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
  • Finance/Money
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
News Mirror
No Result
View All Result
Home Business

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

News Mirror by News Mirror
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

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

Tags: business reformsRajasthan
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

Related Posts

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers
Business

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
Smart Geek Visas Turns Immigration Dreams into Global Success Stories
Business

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

May 27, 2025
ClinicSpots Digital Services: Empowering Healthcare Brands with Proven Digital Growth
Business

ClinicSpots Digital Services: Empowering Healthcare Brands with Proven Digital Growth

May 20, 2025
Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology
Business

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

May 12, 2025
MorningWale Rebrands as ‘The Kirana Next Door’ — A Bold New Chapter in Clean, Everyday Food
Business

MorningWale Rebrands as ‘The Kirana Next Door’ — A Bold New Chapter in Clean, Everyday Food

May 1, 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

May 1, 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 *

Recommended.

RMZ Corp becomes signatory member of global decarbonization program ‘First Movers Coalition’ at COP27

RMZ Corp becomes signatory member of global decarbonization program ‘First Movers Coalition’ at COP27

December 21, 2022

MiraBen : Young Voice of Gujarati Traditional Folk Music

October 12, 2020

Trending.

Kingston Powers Tomorrow: Enabling the Future of AI with High-Performance Solutions at COMPUTEX 2025

Kingston Powers Tomorrow: Enabling the Future of AI with High-Performance Solutions at COMPUTEX 2025

May 22, 2025
Walplast’s CSR Initiative Enhances Education for Girls Across India

Walplast’s CSR Initiative Enhances Education for Girls Across India

June 10, 2025
Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
LANXESS significantly increases earnings in fiscal year 2024

LANXESS significantly increases earnings in fiscal year 2024

May 12, 2025
Lotus Derma Botanics Enters the Skincare Arena

Lotus Derma Botanics Enters the Skincare Arena

May 28, 2025
News Mirror

© 2022 News Mirror

  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

Follow Us

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

© 2022 News Mirror

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