Centre plans 15% increase in SASCI allocations for FY27
after close1 source ↓written by the desknot a recommendation
- in FY27
- 15%
- budget being utilized
- ₹1.5 trillion
The Centre is set to increase allocations under the Special Assistance to States for Capital Investment (SASCI) scheme by 15% in FY27, despite only one-third of this year's ₹1.5 trillion budget being utilized. This move aims to boost state-level capital investments, potentially enhancing infrastructure development.
Traders should monitor how this increased funding may impact sectors reliant on state investments, particularly Infrastructure and Construction. 📈
Not investment advice. For informational purposes only.