Center Earmarks ₹1.43 Trillion Incentive for Power Sector Reforms in FY24

States are granted additional borrowing space of up to 0.5% of GSDP annually until 2025

June 28, 2023

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The Department of Expenditure, Ministry of Finance, has earmarked ₹1.43 trillion (~$17.4 billion) as financial incentives in the form of additional borrowing permissions for states undertaking various reforms in the power sector during the financial year (FY) 2023-24.

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Arjun Joshi

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Center Earmarks ₹1.43 Trillion Incentive for Power Sector Reforms in FY24

Continue Reading with Premium Access

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