Centre grants Rs 4,898 crore of reform-linked additional borrowing limit to Andhra and MP

While AP received permission to mobilise Rs 2,525 cr through market borrowings, MP can raise an additional Rs 2,373 cr, according to a finance ministry statement. The move was part of the reform-linked additional borrowing of 2% of GSDP for pandemic-related expenditures, provided by the Centre as part of the Atmanirbhar Bharat package announced in May.

from Economy-News-Economic Times https://ift.tt/2M2vpne