One nation, one ration card: 9 states can raise Rs 23,523 cr from markets

These nine states have received permission from Union finance ministry to raise additional funds from the markets as they have implemented the 'one nation, one ration card' reform

Nine states have implemented one nation one ration card system because of which they together got permission from the union finance ministry to borrow Rs 23,523 crore from the markets.

These states include Andhra Pradesh, Gujarat, Goa, Haryana, Karnataka, Kerala, Telangana, Tripura and Uttar Pradesh. The finance ministry hopes that many more states will do so by the deadline of this calendar year end.

In view of the challenges posed by the Covid-19 pandemic for mobilisation of financial resources, the Centre gave permission to states to borrow an additional amount of up to two per cent of their respective gross state domestic