Centre allocates ₹510 bln in capex loans to states
pre-market1 source ↓machine-written, see hownot a recommendation
- to states
- ₹510 billion
- This initiative involves
- 50-year interest-free loans
- earmarked
- ₹2 trillion
The Centre has released ₹510 billion to states in H1 FY27 under the Scheme for Special Assistance for Capital Investment. This initiative involves 50-year interest-free loans, with a total budget of ₹2 trillion earmarked for the scheme in FY27.
This funding is expected to enhance state-level infrastructure projects, potentially boosting economic growth and market sentiment.
Not investment advice. For informational purposes only.