Covid-19: Allow states to directly borrow from RBI, says Kerala FM Thomas Isaac

Kerala, which has put in place stringent measures to curb spreading of coronavirus infections and flatten the curve, has come out with a Rs 20,000 crore package to deal with the current situation by front loading borrowings. Presently, a state is permitted to borrow up to 3 per cent of its Gross State Domestic Product (GSDP).

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