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Ministry of Finance approved capital expenditure projects of Rs. 2,903.80 crore in 8 States Rs. 1,393.83 crore released to 8 States Scheme Special Assistance to States for Capital Expenditure for 2021-22 gives timely stimulus to economic recovery The Department of Expenditure, Ministry of Finance, has approved capital projects of Rs. 2,903.80 crore in 8 States under the scheme entitled Special Assistance to States for Capital Expenditure for 2021-22. The Ministry has also released an am
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FAQ :
The Ministry of Finance has approved capital expenditure projects totalling Rs. 2,903.80 crore.
A total of 8 states are benefiting from this approval.
These projects are approved under the scheme titled 'Special Assistance to States for Capital Expenditure for 2021-22'.
An amount of Rs. 1,393.83 crore has been released to the 8 states.
The scheme was launched to provide timely stimulus to economic recovery and to offer much-needed resources to states amidst the second wave of the COVID-19 pandemic.
The scheme provides special assistance to State Governments in the form of a 50-year interest-free loan, up to a maximum of Rs. 15,000 crore during the financial year 2021-22.
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