Centre grants permission to 20 States to raise additional amount of over Rs 68,000 cr through open market borrowings
Ministry of Finance said, additional borrowing permission has been granted at 0.50 per cent of the Gross State Domestic Product, GSDP to those States who have opted for OptiThe facilities available to the States who choose Option-1 include, a special borrowing window, coordinatedby the Ministry of Finance to borrow the amount of shortfall in revenue …