• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News
Monday, January 30, 2023
  • Login
Pioneer News
ADVERTISEMENT
  • Home
  • India
    • National
    • State News
  • Education
  • Business
  • World
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Travel
    • Fashion & Beauty
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Finance/Money
    • Agriculture
    • Science
    • Astrology
    • Social Work
    • Press Release
No Result
View All Result
  • Home
  • India
    • National
    • State News
  • Education
  • Business
  • World
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Travel
    • Fashion & Beauty
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Finance/Money
    • Agriculture
    • Science
    • Astrology
    • Social Work
    • Press Release
No Result
View All Result
Pioneer News
No Result
View All Result
Home Business

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

Pioneer News by Pioneer News
December 26, 2020
in Business, State News
0
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

RelatedPosts

Shivam Walia handling multiple businesses ranging from Advisory Services to Real Estate Hospitality & Technology

Shivam Walia, handling multiple businesses ranging from Advisory Services to Real Estate, Hospitality & Technology

January 30, 2023
"Good marketing makes the company look smart. Great marketing makes the customer feel smart."

“Good marketing makes the company look smart. Great marketing makes the customer feel smart.”

January 30, 2023
ADVERTISEMENT
Tags: business reformsRajasthan
ShareTweetSharePinSendShareShareSend
ADVERTISEMENT
Pioneer News

Pioneer News

Related Posts

Shivam Walia handling multiple businesses ranging from Advisory Services to Real Estate Hospitality & Technology
Business

Shivam Walia, handling multiple businesses ranging from Advisory Services to Real Estate, Hospitality & Technology

by Pioneer News
January 30, 2023
"Good marketing makes the company look smart. Great marketing makes the customer feel smart."
Business

“Good marketing makes the company look smart. Great marketing makes the customer feel smart.”

by Pioneer News
January 30, 2023
Vastu Dairy organises Tricolour rally
State News

Vastu Dairy organises Tricolour rally

by Pioneer News
January 28, 2023
Pan India Mission-'The Warrior Expedition 32/26'- Kicks off from Mumbai
State News

Pan India Mission- ‘The Warrior Expedition 32/26’- Kicks off from Mumbai

by Pioneer News
January 27, 2023
Success Story of an Indian SEO Expert Lokesh Magarde
Business

Success Story of an Indian SEO Expert Lokesh Magarde

by Pioneer News
January 27, 2023
Next Post

Skill Ministry and Tata launch first batch of Indian Institute of Skills

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Things to Learn from The Weekly with ChoubeyJi

Things to Learn from The Weekly with ChoubeyJi

February 25, 2022
Oral Asformas – The Digital Marketing Entrepreneur who lit up his life through his Never-Back-Down attitude

Oral Asformas – The Digital Marketing Entrepreneur who lit up his life through his Never-Back-Down attitude

April 21, 2022
KGF Star Yash in Conversation with Anchor Anupam Anand

KGF Star Yash in Conversation with Anchor Anupam Anand

March 1, 2022
Choubey Ji is back with Season 2

Choubey Ji is back with Season 2

December 30, 2022

PrivateCourt is all set to revolutionize the concept of Online Dispute Resolution

1

FTV brings their First Beauty Pageant to India

1
Gaurav Bhatia Sotheby’s Ex MD Luxury Guru takes us through Luxury on the Table

Gaurav Bhatia Sotheby’s Ex MD, Luxury Guru, takes us through “Luxury on the Table”

1

One on One Coaching – Private & Confidential

1
Shivam Walia handling multiple businesses ranging from Advisory Services to Real Estate Hospitality & Technology

Shivam Walia, handling multiple businesses ranging from Advisory Services to Real Estate, Hospitality & Technology

January 30, 2023
NORTH INDIAN BHUKKADS: A Restaurant serving North Indian cuisines in South Indian State

NORTH INDIAN BHUKKADS: A Restaurant serving North Indian cuisines in South Indian State

January 30, 2023
Koffee Connections Personified-blend of Personal Branding and Media Publications by Skimmy Gupta & Tarveen Kaur

Koffee Connections Personified-blend of Personal Branding and Media Publications by Skimmy Gupta & Tarveen Kaur

January 30, 2023
Actress Avneet Kaur will be judging the 2nd Season of NFMG PRODUCTION and Gaurav Rana's show Mr & Miss India International Star 2023

Actress Avneet Kaur will be judging the 2nd Season of NFMG PRODUCTION and Gaurav Rana’s show Mr & Miss India International Star 2023

January 30, 2023

Categories

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

Pioneer News, digital news and story platform bring you the news, articles, stories, and opinions on the latest happenings worldwide covering various sectors like nation, politics, and governance, social sector, review, foreign affairs, defence and security, latest review, lifestyle, entertainment, sports, technology, auto sectors, education, business and start-ups updates, Agriculture, Science, finance, money, food, and culture, etc.

Categories

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • Uncategorized
  • World
January 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Dec    

Recent News

  • Shivam Walia, handling multiple businesses ranging from Advisory Services to Real Estate, Hospitality & Technology
  • NORTH INDIAN BHUKKADS: A Restaurant serving North Indian cuisines in South Indian State
  • Koffee Connections Personified-blend of Personal Branding and Media Publications by Skimmy Gupta & Tarveen Kaur
  • Actress Avneet Kaur will be judging the 2nd Season of NFMG PRODUCTION and Gaurav Rana’s show Mr & Miss India International Star 2023
  • From Quitting Full-Time Job to Starting Her Freelance Writing Journey – Inspiring Story Of Vagisha Arora
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2021 Pioneer News.

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

© 2021 Pioneer News.

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