States Get Additional Borrowing on Successful Implementation of ONE NATION ONE RATION CARD Reform

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Ministry of finance has clarified that seventeen States have successfully completed “One Nation One Ration Card system” reform.

Consequently, they are eligible for additional borrowing of 0.25 percent of Gross State Domestic Product (GSDP). Accordingly, these States have been granted additional borrowing permission of Rs 37,600 crore by the Department of Expenditure, Ministry of Finance.

The reform especially empowers the migratory population mostly labourers, daily wagers, urban poor like rag pickers, street dwellers, temporary workers in organised and unorganised sectors, domestic workers etc., who frequently change their place of dwelling to be self-reliant in food security.

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Knowledge Source:

Combined Fiscal Gap of India to Reach 12.7 Percent

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