FinMin releases Rs 66,745 cr loan to 28 states for capital investment in Apr-Jan


PTI, Feb 6, 2024, 8:58 AM IST

The Ministry of Finance has released loans worth Rs 66,745 crore to 28 states under the Scheme for ‘Special Assistance to States for Capital Investment’.

In a written reply to Lok Sabha, Minister of State for Finance Pankaj Chaudhary said the scheme is aimed at boosting capital expenditure by states.

Under the scheme, special assistance is being provided to the state governments in the form of a 50-year interest-free loan up to an overall sum of Rs 1.3 lakh crore during the financial year 2023-24.

Between April 1, 2023, and February 1, 2024, Rs 66,745.21 crore has been released to 28 states under the Scheme for ‘Special Assistance to States for Investment’, Chaudhary said.

In the 2022-23 fiscal, Rs 81,195.35 crore was released under the scheme.

Capital investment projects in diverse sectors have been approved, including health, education, irrigation, water supply, power, roads, bridges and railways.

Funds for meeting the state share of Jal Jeevan Mission and Pradhan Mantri Gram Sadak Yojana have also been provided to the states under this scheme to enhance the pace of projects in these sectors.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Manipal: Senior Doctor Dr. Asha Bhat passes away 

Belagavi dons festive look to host centenary Congress session

India’s Martina Devi clinches silver at Asian Junior Weightlifting Championships

U’khand: 3 killed, 24 injured as bus falls into gorge in Bhimtal

Man tries to immolate self near parliament, taken to hospital

SC restrains ED from accessing seized electronic devices of ‘lottery king’ Santiago Martin

16-year-old girl gang-raped in UP’s Ballia, both accused arrested

Related Articles More

One dead, 20 rescued after tourist boat capsizes off Calangute beach in Goa

Anna University girl student ‘sexually assaulted’, Biryani seller held

Man hacked to death for opposing drug abuse in Kerala

Three fake policemen arrested for extorting money through honey trap in Delhi

U’khand: 3 killed, 24 injured as bus falls into gorge in Bhimtal

MUST WATCH

Tulunadu Daivaradane

Feeding Birds with Creative Paddy Art!

Areca Nut

HOTEL SRI DURGA BHAVANA

Harish Poonja


Latest Additions

Manipal: Senior Doctor Dr. Asha Bhat passes away 

Belagavi dons festive look to host centenary Congress session

One dead, 20 rescued after tourist boat capsizes off Calangute beach in Goa

Couple dies in fatal accident near Sampaje

Kodagu: Man seriously Injured in tiger attack

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.