The Finance Ministry has sent a memorandum to the states listing out 10 specific targets that they have to meet to avail extra borrowing from the markets. These conditions are implementation of the ‘One Nation, One Ration Card’ scheme, ease of doing business, power sector reforms, and urban local body reforms.
Finance Minister Nirmala Sitharaman had spoken of the conditions during her media briefing on Sunday. Immediately after her address on Sunday afternoon, the Ministry sent the missive to all the state governments explaining what that will entail. ...
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