04-April-2025
Economy News
 
Capex loans to states cross RE, nudge closer to Rs 1.5 lakh crore
02-Apr-2025

The Centre has released nearly Rs 1.5 lakh crore in interest-free 50-year capex loans to states for 2024-25, overachieving the revised estimate and meeting the initial budget estimate for the year, official sources told FE. Of the Rs 1,49,484 crore capex loans released to the states, half of that was for reforms or project-linked as outlined in the scheme for special capital assistance for states for FY25, a senior official said.

News Source:- https://www.financialexpress.com/policy/economy-capex-loans-to-states-cross-re-nudge-closer-to-rs-1-5-lakh-crore-3795644/?ref=hometop_hp
 
 
 

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