The capital expenditure projects were approved in diverse sectors like health, rural development, water supply, irrigation, power, transport, education and urban development.

Those completing 'Ease of Doing Business' reforms are eligible for additional borrowing of 0.25 percent of GSDP. It is an important indicator of the investment friendly business climate

So far, 12 states have implemented ease of doing business reforms and have got additional borrowing permission of Rs 28,183 crore

This is the first time that smart prepaid meters are being installed at this scale, and are set to have a transformative impact on the state's energy landscape, EESL said in a statement

Expecting the economy to rebound sharply and continue speedy recovery requires the budget to be a key driver of growth

Madhya Pradesh is leading the states in power sector reforms with the initiation of Direct Benefit Transfer (DBT) scheme

Scheme was started by Centre in May under which it decided to link grant of additional borrowing permissions to states undertaking the ease of doing business reforms

As part of citizen-centric reforms, 10 states have implemented one nation one ration card system; 5 states have done ease of doing business reforms; and two states carried out local body reforms so far

States to get additional borrowing permission on completion of reforms; they will also get additional financial assistance for capital expenditure

Scheme is aimed at boosting capital expenditure by states facing a difficult financial crunch due to the shortfall in tax revenue in the wake of COVID-19 pandemic

Asked about the rapid expansion of the Chinese People's Liberation Army (PLA) and possible challenges from it for India, the Chief of Naval Staff said the Indian Navy was focusing on boosting its overall combat prowess

Andhra Pradesh has became the first state in the country to successfully undertake ease of doing business reforms and has thus become eligible to raise an additional amount of Rs 2,525 crore through open market borrowings

Out of these five states, Andhra Pradesh has been allowed to borrow Rs 2,525 crore, Telangana Rs 2,508 crore, Karnataka Rs 4,509 crore, Goa Rs 223 crore, and Tripura Rs 148 crore

A new research paper by former RBI Governor Raghuram Rajan and former deputy Governor Viral Acharya talks about a range of issues including management of bad loans, winding up of the Financial Services Department in the Finance Ministry and reforms in public sector banks

Shekhar Vishwanathan, Vice Chairman of Toyota's local unit Toyota Kirloskar Motor has said that the government keeps taxes on cars and motorbikes so high that companies find it hard to scale up

If the market coupler becomes a reality, there will be no incentive left for the power exchanges to innovate since the coupler would centralise the platform

Adani Transmission on Friday recorded a 66.52 per cent rise in consolidated net profit at Rs 355.40 crore for April-June quarter of FY21

Direct sale of farm produce, pricing freedom, digitisation and traceability in poultry, livestock and fisheries segments will go a long way in accelerating the farm economy

The investment proposed in 2020-21 is almost 4% higher than Rs 94,974 crore spending by the state-owned oil firms in the current fiscal year

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long