new delhi the finance ministry on sunday said five states including tamil nadu and telangana have been permitted to borrow an additional rs 16728 crore following completion of stipulated reforms for ease of doing businessandhra pradesh karnataka and madhya pradesh are the other states which have been permitted to borrow the extra amountthe government had in may decided to link grant of additional borrowing permission to states with reforms undertaken by them to facilitate ease of doing businessthe reforms stipulated in the category include completion of first assessment of district level business reform action planbesides elimination of requirements of renewal of registration certificatesapprovalslicences obtained by businesses for various activities at least under certain acts specified by the centre was also part of the reforms5 states have so far completed the stipulated reforms in the ease of doing business these states have been granted permission to mobilize additional financial resources to the tune of rs 16728 crore through open market borrowings the ministry said in a statementto meet the extra fund requirements of states on account of covid19 pandemic the centre had in may decided to raise the borrowing limit of the states by 2 per cent of their gross state domestic product gsdp over and above the 3 per cent limit set under the fiscal responsibility and budget management frbm acthowever states were required to complete four specific reforms implementation of one nation one ration card system ease of doing business reforms urban local bodyutility reforms and power sector reforms by february 15 2020 to get the benefitssuch states would get the facility of additional borrowing equivalent to 025 per cent of their gsdp for completing each reform under this facility additional borrowing of up to rs 214 lakh crore is available to the states on completion of all the four reformsso far 10 states have implemented the one nation one ration card system 5 states have done ease of doing business reforms and 2 states have done local body reforms the ministry added pti jd