<p style=”margin-bottom: 13px; text-align: center;”><span style=”font-size:11pt”><span style=”line-height:115%”><span style=”font-family:Calibri,sans-serif”><b><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:"Cambria","serif"”><span style=”color:black”>Source – The hindu</span></span></span></span></b></span></span></span></p>
<p style=”margin-bottom: 13px; text-align: center;”><span style=”font-size:11pt”><span style=”line-height:115%”><span style=”font-family:Calibri,sans-serif”><b><span style=”font-size:12.0pt”><span style=”line-height:115%”><span style=”font-family:"Cambria","serif"”><span style=”color:black”>GS Paper – 2 and 3</span></span></span></span></b></span></span></span></p>
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<p><span style=”font-size:14px;”><span style=”background:white”><span style=”line-height:14.0pt”><span style=”font-family:"Times New Roman",serif”><b><span style=”font-family:"Cambria","serif"”><span style=”color:black”>Context</span></span></b><span style=”font-family:"Cambria","serif"”><span style=”color:black”> – The Centre on Thursday permitted five states to go for additional borrowing of â¹9,913 crore through Open Market Borrowings (OMBs) to meet their expenditure requirements amid falling revenues due to the COVID-19 crisis.</span></span></span></span></span></span></p>
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<li style=”margin-left:8px”><span style=”font-size:14px;”><span style=”background:white”><span style=”line-height:14.0pt”><span style=”font-family:"Times New Roman",serif”><span style=”font-family:"Cambria","serif"”><span style=”color:black”>These states are Andhra Pradesh, Telangana, Goa, Karnataka and Tripura. </span></span></span></span></span></span></li>
<li style=”margin-left:8px”><span style=”font-size:14px;”><span style=”background:white”><span style=”line-height:14.0pt”><span style=”font-family:"Times New Roman",serif”><span style=”background:white”><span style=”font-family:"Cambria","serif"”><span style=”color:black”>The permission has been accorded after these states successfully met the reform condition of implementation of 'One Nation One Ration Card' system</span></span></span></span></span></span></span></li>
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<p><span style=”font-size:14px;”><span style=”background:white”><span style=”line-height:14.0pt”><span style=”font-family:"Times New Roman",serif”><b><span style=”font-family:"Cambria","serif"”><span style=”color:black”>Highlights </span></span></b></span></span></span></span></p>
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<li style=”margin-bottom:2px; margin-left:8px; text-align:justify”><span style=”font-size:14px;”><span style=”background:white”><span style=”font-family:"Times New Roman",serif”><span style=”font-family:"Cambria","serif"”><span style=”color:black”>This was done to allow the state government to use the State Disaster Response Funds. Also, the Central Government allowed additional borrowing of the states by increasing their borrowing limit to 2% of their Gross Domestic Product.</span></span></span></span></span></li>
<li style=”margin-bottom:2px; margin-left:8px; text-align:justify”><span style=”font-size:14px;”><span style=”background:white”><span style=”font-family:"Times New Roman",serif”><span style=”font-family:"Cambria","serif"”><span style=”color:black”>Andhra Pradesh can now borrow Rs 2,525 crores, Goa Rs 223 crores, Telangana Rs 2,508 cores, Tripura can borrow Rs 148 cores respectively.</span></span></span></span></span></li>
<li style=”margin-bottom:2px; margin-left:8px; text-align:justify”><span style=”font-size:14px;”><span style=”line-height:115%”><span style=”font-family:Calibri,sans-serif”><b><span style=”line-height:115%”>Article 293(3)</span></b><span style=”line-height:115%”> of the Constitution requires states to obtain the Centre’s consent in order to borrow <b>in case the state is indebted to the Centre over a previous loan</b></span></span></span></span></li>
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<h4><span style=”font-size:14px;”><span style=”background:white”><span style=”line-height:18.0pt”><span style=”font-family:Cambria,serif”><span style=”color:#4f81bd”><span style=”font-weight:bold”><span style=”font-style:italic”><span style=”color:black”><span style=”font-style:normal”>One Nation One Card</span></span></span></span></span></span></span></span></span></h4>
<p style=”margin-bottom:2px; text-align:justify”><span style=”font-size:14px;”><span style=”background:white”><span style=”font-family:"Times New Roman",serif”><span style=”font-family:"Cambria","serif"”><span style=”color:black”>The scheme was launched to provide food security to the Indian citizens under National Food Security Act, 2013. It is an upgraded scheme of Subsidised Public food Distribution System. Under the upgraded scheme, a person can avail food security benefits at subsidised prices in public distribution shops (ration shops) irrespective of his location</span></span></span></span></span></p>
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