New Delhi, Sept. 25 -- The Department of Expenditure, under the Finance Ministry, has granted five states permission to raise additional financial resources of Rs 9,913 crore through open market borrowings.
The states are Andhra Pradesh, Telangana, Goa, Karnataka and Tripura.
"This permission has been accorded after these states successfully met the reform condition of implementation of One Nation One Ration Card System," an official statement said.
The additional borrowing grants permitted for Andhra Pradesh, Telangana, Karnataka, Goa, and Tripura are Rs 2,525 crore, Rs 2,508 crore, Rs 4,509 crore, Rs 223 crore and Rs 148 crore, respectively.
In view of the unprecedented Covid-19 pandemic, the Central government had, in May, allowed an...