{"id":354442,"date":"2020-05-30T11:08:55","date_gmt":"2020-05-30T05:38:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=354442"},"modified":"2020-05-30T11:08:55","modified_gmt":"2020-05-30T05:38:55","slug":"power-ministry-requests-finance-commission-for-recalibration-of-states-frbm-limits-rs3-trillion-support","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-ministry-requests-finance-commission-for-recalibration-of-states-frbm-limits-rs3-trillion-support\/","title":{"rendered":"Power ministry requests Finance Commission for recalibration of states\u2019 FRBM limits, Rs3 trillion support"},"content":{"rendered":"<p>NEW DELHI : To support India\u2019s transition period towards the next generation power sector reform\u2019 pathway; the union power ministry on Friday requested the 15th Finance Commission (FFC) for the need for a recalibration of borrowing limits for states under the Fiscal Responsibility and Budget Management Act (FRBM).<\/p>\n<p>In addition, the power ministry headed by Raj Kumar Singh also sought a support of Rs3 trillion over a five year period, as the FFC prescribes a new debt and fiscal consolidation road map for both the centre and states for five years beginning 1 April, 2021.<\/p>\n<p>The FFC has submitted its first report to the government for 2020-21 period. It has got an extension till 30 October to submit its final report covering financial years 2021-22 to 2025-26 (April-March).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : To support India\u2019s transition period towards the next generation power sector reform\u2019 pathway; the union power ministry on Friday requested the 15th Finance Commission (FFC) for the need for a recalibration of borrowing limits for states under the Fiscal Responsibility and Budget Management Act (FRBM). In addition, the power ministry headed by Raj Kumar Singh also sought a support of Rs3 trillion over a five year period, as the FFC prescribes a new debt and fiscal consolidation road map for both the centre and states for five years beginning 1 April, 2021. The FFC has submitted its [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-354442","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/354442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=354442"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/354442\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=354442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=354442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=354442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}