THE CENTRE WILL likely roll out 58% of the 1.3 trillion interestfree capex loan facility for states in 2024-25 after general election to avoid controversies as those would be reforms-linked to boost economic growth to make India a developed nation.
To strengthen the hands of the states, the scheme for providing financial assistance for capital expenditure, introduced in 202223, has been extended to 2024-25 as well with an outlay of 1.3 trillion as against the revised estimate of ₹1.06 trillion for FY24 as against the FY24 Budget estimate of ₹1.3 trillion.
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