• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
  • Login
Upgrade
My Uttarpradesh
  • Home
  • Uttar Pradesh
  • India
    • National
    • State News
  • Tech
    • App News
  • Education
  • Entertainment
  • Lifestyle
    • Fashion & Beauty
    • Health & Fitness
    • Food
      • Recipes
    • Photography
  • Others
    • Auto
    • Finance/Money
    • Astrology
    • Science
    • Agriculture
    • Science
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • Home
  • Uttar Pradesh
  • India
    • National
    • State News
  • Tech
    • App News
  • Education
  • Entertainment
  • Lifestyle
    • Fashion & Beauty
    • Health & Fitness
    • Food
      • Recipes
    • Photography
  • Others
    • Auto
    • Finance/Money
    • Astrology
    • Science
    • Agriculture
    • Science
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
My Uttarpradesh
No Result
View All Result
Home State News

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

My UP Desk by My UP Desk
December 26, 2020
in State News
0
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

You Might Also Like

Mr. Sameep Shastri- Vice Chairman BRICS CCI attends Independence Day Celebration

Ananya Birla participated in the discussion on “The Role of Youth Against Climate Change.”

Decimal Point Analytics (DPA) with 400 candidates, targets for 4000-Mega job and Career Opportunities

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

My UP Desk

My UP Desk

Related Posts

State News

Mr. Sameep Shastri- Vice Chairman BRICS CCI attends Independence Day Celebration

by My UP Desk
August 18, 2023
Ananya Birla participated in the discussion on “The Role of Youth Against Climate Change.”
State News

Ananya Birla participated in the discussion on “The Role of Youth Against Climate Change.”

by My UP Desk
February 2, 2023
Decimal Point Analytics (DPA) with 400 candidates, targets for 4000-Mega job and Career Opportunities
State News

Decimal Point Analytics (DPA) with 400 candidates, targets for 4000-Mega job and Career Opportunities

by My UP Desk
January 18, 2023
Spirituality reflects the philosophy of India!: Tripura Chief Minister Manik Saha
Religion

Spirituality reflects the philosophy of India!: Tripura Chief Minister Manik Saha

by My UP Desk
December 12, 2022
Mumbai joint commissioner of police, Vishwas Nangare Patil attended the Children’s day charity event organized by Nidarshana Gowani of Kamala Trust
Social Work

Mumbai joint commissioner of police, Vishwas Nangare Patil attended the Children’s day charity event organized by Nidarshana Gowani of Kamala Trust

by My UP Desk
November 15, 2022
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 *

Recent News

The Circle: Founders Club launches Market Access focused Accelerator Program for 10 Korean startups in India

The Circle: Founders Club launches Market Access focused Accelerator Program for 10 Korean startups in India

September 29, 2023
Cherise Heartwarming Gesture: Free 2 lac Tea Distribution Daily for 10 Days at Lalbaughcha Raja Ganesh Mahotsav 2023

Cherise Heartwarming Gesture: Free 2 lac Tea Distribution Daily for 10 Days at Lalbaughcha Raja Ganesh Mahotsav 2023

September 28, 2023
Veeram Securities Limited Shines as a Leading Player in India’s Jewelry and Ornaments Industry

Veeram Securities Limited Shines as a Leading Player in India’s Jewelry and Ornaments Industry

September 27, 2023
Mr. Ashutosh Landge appointed as President IT and Communications Vertical, The BRICS Chamber of Commerce and Industry

Mr. Ashutosh Landge appointed as President IT and Communications Vertical, The BRICS Chamber of Commerce and Industry

September 27, 2023
M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season

M Plus Beats Unveils ‘Koi Apna Nahi Hota’ – The Heartbreak Anthem of the Season

September 23, 2023

Browse by Category

  • 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
  • Uttar Pradesh
  • World

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
  • Uttar Pradesh
  • World

Browse by Tag

Ahmedabad Artificial intelligence Bengaluru Blockchain technology Content Creator Cryptocurrency CSIR DBT DeFi aggregators DeFi and NFT navigation tool DeFi industry DeFi spaces Delhi Department of Biotechnology DeSpace platform DeSpace Protocol Digital Marketing Dr. Jitendra Matlani Dr. Sandeep Marwah DST Dubai Education entrepreneur environment Fairplay Gujarat Healthcare Hyderabad IIT Delhi Influencer Influencerquipo K Raheja Corp Homes MoES Mumbai Music Industry NFT Noida photography PM Pune Sandeep Marwah social media social media influencer Surat TTK Prestige

Recent Posts

  • The Circle: Founders Club launches Market Access focused Accelerator Program for 10 Korean startups in India
  • Cherise Heartwarming Gesture: Free 2 lac Tea Distribution Daily for 10 Days at Lalbaughcha Raja Ganesh Mahotsav 2023
  • Veeram Securities Limited Shines as a Leading Player in India’s Jewelry and Ornaments Industry
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 My Uttar Pradesh

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

© 2022 My Uttar Pradesh

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
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?