Centre grants Rs 4,898 crore of reform-linked additional borrowing limit to Andhra and MP

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The Centre granted an additional borrowing limit of Rs 4,898 crore to Andhra Pradesh (AP) and Madhya Pradesh (MP) for the implementation of urban local body (ULB) reforms, on Wednesday. While AP received permission to mobilise Rs 2,525 crore through market borrowings, MP can raise an additional Rs 2,373 crore, according to a finance ministry … Read more