Coronavirus COVID-19: Centre increases states' borrowing limit from 3% to 5% for FY 2020-21
In a major relief to the state governments who facing acute shortage of fund due to coronavirus COVID-19 pandemic, Union Finance Minister Nirmala Sitharaman on Sunday (May 17) announced that the Centre has decided to increase the borrowing limit of the states from 3 per cent to 5 per cent for the financial year 2020-21 only.
May 17, 2020, 12:58 PM IST