• 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
30
SHARES
200
VIEWS
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

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

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

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

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

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
Hyderabad Runners Society unveils Finishers Medal of NMDC Hyderabad Marathon 2022
State News

Hyderabad Runners Society unveils Finishers Medal of NMDC Hyderabad Marathon 2022

by My UP Desk
August 26, 2022
Daughter of Indore city Jiana Shah gets Dadasaheb Phalke Icon Award in Dubai
State News

Daughter of Indore city Jiana Shah gets Dadasaheb Phalke Icon Award in Dubai

by My UP Desk
August 2, 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 *

Premium Content

Ronak Chourasia Speaks on Reeflix App

December 25, 2021
Stroke unit at Artemis Hospital develops peripheral network in Haryana to curb stroke related mortality

Stroke unit at Artemis Hospital develops peripheral network in Haryana to curb stroke related mortality

July 21, 2022
‘Reach Lives’ NGO conducts Christmas Outreach Program promoting Positive Mental Health for Children

‘Reach Lives’ NGO conducts Christmas Outreach Program promoting Positive Mental Health for Children

December 15, 2022

Browse by Category

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

Browse by Tags

Ahmedabad athlete 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 DST Dubai Education entertainment industry entrepreneur environment Gujarat Healthcare Hyderabad IIT Delhi Influencer Micky Irons MoES Mumbai Music Industry NFT Obasi Francis photography PM Pune Rajasthan social media social media influencer Surat TTK Prestige Vigyan Prasar World Book of Records World Environment Day

Categories

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

Browse by Tag

Ahmedabad athlete 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 DST Dubai Education entertainment industry entrepreneur environment Gujarat Healthcare Hyderabad IIT Delhi Influencer Micky Irons MoES Mumbai Music Industry NFT Obasi Francis photography PM Pune Rajasthan social media social media influencer Surat TTK Prestige Vigyan Prasar World Book of Records World Environment Day

Recent Posts

  • Shaping the National Schools with International Accreditation Standards Council for International American Accreditation, New York now launching in India
  • Basant celebrated at Nizamuddin Dargah: Syed Anis Nizami, Incharge Dargah Sharif
  • Fan Frenzy, Players Auction at the Silver Oak Cricket Premiere League
  • 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?