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The Ministry of Finance has launched loans price Rs 66,745 crore to twenty-eight states below the Scheme for ‘Particular Help to States for Capital Funding‘. In a written reply to Lok Sabha, Minister of State for Finance Pankaj Chaudhary stated the scheme is geared toward boosting capital expenditure by states.
Underneath the scheme, particular help is being supplied to the state governments within the type of a 50-year interest-free mortgage as much as an total sum of Rs 1.3 lakh crore through the monetary 12 months 2023-24.
Underneath the scheme, particular help is being supplied to the state governments within the type of a 50-year interest-free mortgage as much as an total sum of Rs 1.3 lakh crore through the monetary 12 months 2023-24.
Between April 1, 2023, and February 1, 2024, Rs 66,745.21 crore has been launched to twenty-eight states below the Scheme for ‘Particular Help to States for Funding’, Chaudhary stated.
Within the 2022-23 fiscal, Rs 81,195.35 crore was launched below the scheme.
Capital funding tasks in numerous sectors have been accepted, together with well being, training, irrigation, water provide, energy, roads, bridges and railways.
Funds for assembly the state share of Jal Jeevan Mission and Pradhan Mantri Gram Sadak Yojana have additionally been supplied to the states below this scheme to boost the tempo of tasks in these sectors.
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