Keeping in view the Covid-19 Pandemic, the Government of India released the 1^st instalment of State Disaster Response Fund (SDRF) amounting to Rs. 11,092 crore to State Governments on 3^rd April, 2020 in advance to strengthen the States to deal with the pandemic. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in response to a written question asked in the Lok Sabha today.

Giving more details, Shri Thakur said that State Governments have been allowed additional borrowing limit of up to 2 per cent of Gross State Domestic Product (GSDP) for the year 2020-21. As against the additional borrowing limit of 2% of GSDP, consent for borrowing of 0.50 per cent of GSDP amounting to Rs.1,06,830 crore has already been issued to the States to raise Open Market Borrowing (OMB) during the year 2020-21.

In his written reply, Shri Thakur said that State-wise details of the funds released is at Annexure-I and State-wise details of additional borrowing of 0.5 per cent of GSDP issued to the State for the year 2020-21 is enclosed at Annexure-II.

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RM/KMN

ANNEXURE-I

ANNEXURE-II