Search For "borrowing"
All states, except Jharkhand, 3 UTs choose option-1 to meet GST revenue sh
Updated : 5 years, 5 months ago IST
New Delhi [India], December 3 (ANI): The central government on Thursday said that all states except Jharkhand and three union territories with legislative assemblies have chosen option-1 to meet the revenue shortfall arising out of GST implementation.
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Punjab amends Inter-State Migrant Workers Rules to avail additional Centra
Updated : 5 years, 6 months ago IST
Chandigarh (Punjab) [India], November 18 (ANI): In a bid to improve ease of doing business in Punjab and fulfill the condition imposed by the Central Government for obtaining additional borrowing of 2 per cent of Gross State Domestic Product (GSDP), the state Cabinet on Wednesday gave approv
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46 per cent people borrowed from family, friends during pandemic to run ho
Updated : 5 years, 6 months ago IST
New Delhi [India], November 3 (ANI): Around 46 per cent people in the country borrowed money to run their households during the ongoing COVID-19 pandemic phase, stated a research report done by Home Credit India.
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Centre transfers Rs 6,000 cr as first tranche of GST compensation to 16 st
Updated : 5 years, 7 months ago IST
New Delhi [India], October 24 (ANI): The Central government on Friday borrowed and transferred Rs 6,000 crores as first tranche on account of GST compensation to 16 states and two Union Territories (UTs).
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Congress challenges Chief Minister for public debate over Goa's financial
Updated : 5 years, 7 months ago IST
Panaji (Goa) [India], October 15 (ANI): The Goa Pradesh Congress Committee has alleged that state government is adding more woes in financial crisis by borrowing additional loan of Rs 446 crore and challenged Chief Minister Dr Pramod Sawant for a public debate over Goa's financial condition.
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Kerala to decide on approaching SC against Centre on GST compensation tomo
Updated : 5 years, 7 months ago IST
Thiruvananthapuram (Kerala) [India], October 15 (ANI): Kerala Finance Minister Thomas Isaac on Thursday said some states are likely to approach the Supreme Court against Centre's two borrowing options for GST compensation, and Kerala will take the final decision on the matter on Friday in a
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Tamil Nadu gets permission to borrow additional amount of Rs 9,627 crore
Updated : 5 years, 7 months ago IST
New Delhi [India], Oct 14 (ANI): The Department of Expenditure under Ministry of Finance on Wednesday granted permission to Tamil Nadu to raise an additional amount of Rs 9,627 crore through open market borrowings.
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Kerala to approach SC if there are any issues in GST compensation by Centr
Updated : 5 years, 7 months ago IST
Thiruvananthapuram (Kerala) [India], October 13 (ANI): After the GST Council meeting concluded without reaching any consensus for the second time in two weeks, Kerala Finance Minister Thomas Isaac on Tuesday said that Kerala will approach Supreme Court with all the nine states opposing Cent
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States borrowing does not mean chaotic situation, impact would not be seve
Updated : 5 years, 7 months ago IST
New Delhi [India], October 12 (ANI): Finance Minister Nirmala Sitharaman on Monday said that the Centre cannot borrow from the market but will facilitate the States in borrowing and added that the impact would not be as severe if states were to borrow.
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Stalin appreciates non-NDA CMs on GST stance, urges them to vote against b
Updated : 5 years, 7 months ago IST
Chennai (Tamil Nadu) [India], October 9 (ANI): Dravida Munnetra Kazhagam (DMK) working President MK Stalin on Thursday wrote a letter to non-NDA (National Democratic Alliance) Chief Ministers appreciating their stance on GST compensation and urged them to vote against the two borrowing optio
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Uttar Pradesh, Andhra Pradesh get additional borrowing permission of Rs 7,
Updated : 5 years, 7 months ago IST
New Delhi [India], October 2 (ANI): The Ministry of Finance has granted additional borrowing permission to Uttar Pradesh and Andhra Pradesh for successfully undertaking reforms in the public distribution system (PDS) and ease of doing business.
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States, UTs to borrow over Rs 2 lakh cr from markets during Oct-Dec 2020 q
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Reserve Bank of India (RBI) on Wednesday announced that the quantum of total market borrowings by the state governments and Union Territories for the quarter October-December 2020 is expected to be Rs 2,02,242.35 crores an official sta
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