The Governor of Telangana has amended the Telangana Fiscal Responsibility and Budget Management Act-2005 which will enable the State to increase the borrowing limit by how much percent from earlier 3%?

The Governor of Telangana has amended the Telangana Fiscal Responsibil

1.	The Governor of Telangana has amended the Telangana Fiscal Responsibility and Budget Management Act-2005 which will enable the State to increase the borrowing limit by how much percent from earlier 3%?
Answer» The Governor of Telangana Dr. Tamilisai Sounderarajan has promulgated an ordinance No.3 of 2020, amending the Telangana Fiscal Responsibility and Budget Management (FRBM) Act-2005 which will enable the State to increase the borrowing limit by 2% to 5% from earlier 3%. With the new Telangana FRBM (Amendment) Act 2020, state government's additional borrowing limit can go up to Rs 20,000 crore now, without any hassles.