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States protest linking of borrowing limit to reforms

Finance minister Nirmala Sitharaman, while announcing the fifth tranche of the Atmanirbhar Bharat package, had increased the states borrowing limit from 3% of GSDP to 5% but linked them to four reforms such as implementation of ‘one nation, one ration card’ system, ease of doing business reform, urban local body/utility reform, and power sector reforms.

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