With both expenditure and growth slowing down during the first two quarters due to the general elections, these funds are aimed at boosting capex spending by states, especially on infrastructure projects in order to aid overall growth.
"The disbursement of these interest-free loans has been delayed due to the general elections (during the Q1, FY25 period) and a large chunk of it will be done in Q3, FY25 quarter," the first person mentioned above said, requesting anonymity.
Denne historien er fra November 12, 2024-utgaven av Mint Mumbai.
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Denne historien er fra November 12, 2024-utgaven av Mint Mumbai.
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India in economic sweet spot, inflation to moderate: Moody's
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Incentive engine to drive modern ships
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