Analysis
States Update: March 24, 2021
Posted on
Big News: Jammu & Kashmir, Telangana, and Tripura announce state budgets; Five states, including Arunachal Pradesh and Chhattisgarh undertake reforms prescribed by the Ministry of Finance; Bihar announces its ethanol production policy; Uttar Pradesh proposes a 40 percent reservation in the private sector for locally domiciled candidates in Greater Noida; and more.
Industrial Policy & Business Regulations
Telangana announces its budget for the financial year (FY) 2021-22. The budget estimates the state’s total receipt and expenditure at $31.09 billion and $31.83 billion, respectively. Source: Hindu; In detail: Budget Speech (In Telugu & English)
Jammu and Kashmir announces its budget for the FY 2021-22. The budget estimates the union territory’s total receipt and expenditure at $14.97 billion and $14.97 billion, respectively. Source: Kashmir Observer; In detail: Budget Speech (In Hindi & English)
Tripura announces its budget for the FY 2021-22. The budget estimates the state’s total receipt and expenditure at $3.01 billion and $3.13 billion, respectively. Source: Hans India; In detail: Budget
Arunachal Pradesh, Chhattisgarh, Goa, Meghalaya, and Tripura undertake reforms in “ease of doing business” stipulated by the Ministry of Finance. This implementation makes the states eligible for additional borrowing up to 0.25 percent of the gross state domestic product. Source: News on Air; In detail: Press Release
Land Acquisition & Labor Regulations
Haryana discontinues property tax on agricultural land use in urban areas within the state. Source: Indian Express; In detail: Chief Minister’s Tweet
Infrastructure & Governance
Nothing critical to report this week
Oil & Gas
Bihar announces its Ethanol Production Promotion Policy, 2021. The policy offers multiple incentives to investors in the state, including a subsidy of 15 percent of the cost of plant and machinery. Source: Economic Times; In detail: Policy (In Hindi)
Water & Sanitation
The Kerala Water Authority (KWA) approves a meter policy to govern all aspects of the metering of water use through KWA connections. The policy aims to promote efficient water use, and reduce pilferage and leakage. Source: The Hindu
Power & Renewable Energy
Chhattisgarh issues a draft notification for the state’s renewable purchase obligation and renewable energy certificates framework regulations for 2021-2026. Source: Mercom; In detail: Notification
Karnataka proposes a ceiling tariff of $0.04 per kilowatt hour for wind tenders issued by state electricity distribution licensees for the FY 2021-22. Source: Mercom; In detail: Notification
Health
Nothing critical to report this week
Business Negative Reforms
Uttar Pradesh allows 40 percent reservation in the private sector for locally domiciled candidates in Greater Noida. Source: India Today; In detail: Order
Any Other
Nothing critical to report this week
Center – State Relations
Nothing critical to report this week