Avail 20% discount on updated CA lectures for Dec 21 .Use Code RESULT20 !! Call : 088803-20003


Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

As a part of #AatmaNirbharBharat Abhiyaan additional borrowing limit of up to 2% of Gross State Domestic Product (GSDP) was allowed to the States for the year 2020-21, equivalent to Rs. 4,27,302 crore. 

Additional borrowing limit of up to 2%

Scheme for Special Assistance to States for Capital Expenditure' approved

Special assistance has been provided to State Govts in form of 50-year interest free loan up to an overall sum not exceeding Rs. 12,000 cr. Rs 9880 cr already approved to 27 States

Scheme for Special Assistance

Special window for borrowings to meet shortfall arising out of GST implementation 

All 28 States & 3 UTs with Legislative Assembly(who are members of GST Council have decided to go for Option-1 to meet the revenue shortfall arising out of GST implementation.

Special window for borrowings to meet shortfall

Grant-in-aid of Rs 1.99 lakh cr allocated to States for 2020-21.This includes Rs 74,341cr to 13 States to meet revenue deficit, Rs 90,000cr for improving civic services & Rs 34,545cr for disaster management.Out of this Rs 1.25 lakh cr already released to States. 

Granst in aid

Progress so far

  • White heavy check mark Special window for Affordable & mid income housing Fund(SWAMIH) to provide relief to homeowners
  • White heavy check mark135 projects with investment of Rs 13,191 Cr sanctioned and will benefit 86,777 home units


Tags :



Trending Tags