Atmanirbhar Bharat Abhiyan: FM Nirmala Sitharaman says state borrowing limit raised from 3% to 5% but conditions apply

In the last and final session of announcements for labour, land and liquidity support by centre, Finance Minister Nirmala Sitharaman said Centre would increase states’ borrowing limit from 3% to 5% for FY21 which would give extra resources of Rs 4.28 lakh crore to states, however conditions apply.This is part of the Atmanirbhar Bharat Abhiyan project unveiled by Prime Minister Narendra Modi on Monday, May 11, 2020. Watch!