Norms fixed for implementation of Ease of Doing Business (EoDB) in country to enable state-specific reforms

Norms fixed for implementation of Ease of Doing Business (EoDB) in country to enable state-specific reforms


20 States allowed additional borrowing of Rs 39,521 crore during 2020-21 for implementation of EoDB reform

The Union Government has fixed norms for implementation of Ease of Doing Business (EoDB) in the country to enable state-specific reforms. This was stated in a written reply by Union Minister of State for Finance Shri Pankaj Chaudhary to a question in Lok Sabha today.

The Minister stated that in order to strengthen resources in the hands of State Governments in the wake of unprecedented COVID-19 pandemic, the Union Government addressed to all the States, laid out an additional borrowing of 0.25% for each reform of the Gross State Domestic Product (GSDP) to the States for FY 2020-21 subject to implementation of following specific state level reforms:

  1. Implementation of One Nation One Ration Card System;
  2. Ease of Doing Business reform;
  3. Urban Local body/ utility reforms and
  4. Power Sector reforms.

The Minister stated that twenty (20) states were allowed additional borrowing of Rs 39,521 crore during 2020-21 for implementation of EoDB reform and it is a continuous process and its outcome would be visible in due course. The list of States that have completely implemented the reform on EoDB are below: –

S. No.

State /UT

Status on Implementation of EoDB Reforms -Fully implemented.

1

Andhra Pradesh

Fully Implemented.

2

Karnataka

3

Madhya Pradesh

4

Tamil Nadu

5

Telangana

6

Rajasthan

7

Kerala

8

Odisha

9

Himachal Pradesh

10

Haryana

11

Assam

12

Gujarat

13

Punjab

14

Arunachal Pradesh

15

Uttar Pradesh

16

Uttarakhand

17

Meghalaya

18

Chhattisgarh

19

Tripura

20

Goa

Ministry of Finance Press Release dated 26 July 2021

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