Sunday, May 25, 2025
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
My Maharashtra
  • Home
  • Maharashtra
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Lifestyle
    • Health & Fitness
    • Fashion
    • Travel
    • Food
  • Others
    • Tech
      • App News
      • Gadgets
    • Auto
    • Entertainment
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
No Result
View All Result
My Maharashtra
  • Home
  • Maharashtra
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Lifestyle
    • Health & Fitness
    • Fashion
    • Travel
    • Food
  • Others
    • Tech
      • App News
      • Gadgets
    • Auto
    • Entertainment
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
No Result
View All Result
My Maharashtra
No Result
View All Result
Home Business

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

My Maharashtra by My Maharashtra
December 26, 2020
in Business, 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

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

Mark Rober and Mr. Indian Hacker: A Collaboration That Explodes with Creativity

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

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 Maharashtra

My Maharashtra

Related Posts

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth
Business

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

by My Maharashtra
May 20, 2025
Mark Rober and Mr. Indian Hacker: A Collaboration That Explodes with Creativity
Business

Mark Rober and Mr. Indian Hacker: A Collaboration That Explodes with Creativity

by My Maharashtra
May 16, 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 My Maharashtra
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 My Maharashtra
May 5, 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

by My Maharashtra
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 *

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

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

by My Maharashtra
May 23, 2025
0

Punjab, May 23, 2025: In a world where convenience is key and technology drives connection, Pahia Infotech Private Limited brings...

Read more
Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

May 22, 2025
House of Jewels Rebrands and Launches Online: Vinaya Verma’s Side Hustle Now a Sparkling Digital Brand

House of Jewels Rebrands and Launches Online: Vinaya Verma’s Side Hustle Now a Sparkling Digital Brand

May 21, 2025
Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

May 20, 2025
Mark Rober and Mr. Indian Hacker: A Collaboration That Explodes with Creativity

Mark Rober and Mr. Indian Hacker: A Collaboration That Explodes with Creativity

May 16, 2025
  • Trending
  • Comments
  • Latest
Pillars of Maharashtra Awards makes headlines today Individuals and Business Owners who are making Maharashtra proud were felicitated

Pillars of Maharashtra Awards makes headlines today, Individuals and Business Owners who are making Maharashtra proud were felicitated

August 29, 2022
Now our E-store India has become an international company

Now our E-store India has become an international company

November 1, 2022
Maestro Realtek: Turning Uncertainty into Success with Pune's First Professional Park

Maestro Realtek: Turning Uncertainty into Success with Pune’s First Professional Park

August 9, 2023
Buzzlink Studios Supercharges Development and Marketing with AI and Machine Learning

Buzzlink Studios Supercharges Development and Marketing with AI and Machine Learning

May 10, 2024

Changa Video sharing app crosses 2 million on play store

0

World’s first DeepUV Air Sanitizer, launched by Indian startup Dokat Inc.

0

Japan’s tech start-ups bitgrit and Atrae rolls out professional ‘matching’ app in India offering jobs in India

0

Surat’s company invents – low-cost,high-end ventilator in support of the Aatmanirbhar Bharat Abhiyan

0
Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology

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

May 23, 2025
Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

May 22, 2025
House of Jewels Rebrands and Launches Online: Vinaya Verma’s Side Hustle Now a Sparkling Digital Brand

House of Jewels Rebrands and Launches Online: Vinaya Verma’s Side Hustle Now a Sparkling Digital Brand

May 21, 2025
Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

May 20, 2025
  • Baby Blobs – An NFT That Grows With You
  • Generic Medicines fame StayHappi Pharmacy grabbing eye balls with its success stories
  • The Binge Town: Redefining Private Celebrations in India
  • Rajkot resident Nikunj Shukla pursues his dream of becoming a businessman in London

My Maharashtra, digital news and story platform bring you the news from Maharashtra State and other states along with articles, stories, and opinions on the latest happenings worldwide covering various sectors.

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

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

May 23, 2025
Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

Tvara Superfood Launches India’s First Daily Seed Cycling Blends for Female Hormonal and Chakra Nourishment

May 22, 2025
House of Jewels Rebrands and Launches Online: Vinaya Verma’s Side Hustle Now a Sparkling Digital Brand

House of Jewels Rebrands and Launches Online: Vinaya Verma’s Side Hustle Now a Sparkling Digital Brand

May 21, 2025
May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Apr    
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 My Maharashtra - Design & Developed by Brand Maker RD.

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

© 2022 My Maharashtra - Design & Developed by Brand Maker RD.