The Department of Expenditure, Ministry of Finance, has today granted permission to Tamil Nadu to raise an additional amount of Rs.9,627 crore through open market borrowings. The permission was issued after the State formally communicated its acceptance for Option-1 to meet the shortfall arising out of GST implementation. 21 States and 2 Union Territories, Delhi and Jammu & Kashmir, have… Continue reading "Tamil Nadu goes for Option-1, gets permission to borrow an additional amount of Rs 9,627 crore"
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