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SASCI SCHEME
States' capital outlay to accelerate to 10-12% on Centre support in FY27, urban infra to lead: CrisilStates' capital expenditure is projected to rise 10-12% to around Rs 8.5 lakh crore in FY27, driven by higher central assistance and greate...- Manipur CM Yumnam Khemchand Singh seeks enhanced central assistance from SitharamanManipur Chief Minister Yumnam Khemchand Singh met Union Finance Minister Nirmala Sitharaman in New Delhi recently. They discussed the finan...
- Uttarakhand government presents supplementary budget of Rs 7,844 croreUttarakhand Chief Minister Pushkar Singh Dhami has presented a supplementary budget of Rs 7,844.18 crore. This budget prioritises sectors s...
- Mizoram CM Lalduhoma launches 4 digital finance initiativesMizoram Chief Minister Lalduhoma launched four digital financial management initiatives aimed at ensuring transparency and accountability. ...
- Mizoram CM Lalduhoma launches four digital financial initiatives for transparency and efficiencyMizoram Chief Minister Lalduhoma has launched four digital financial management initiatives aimed at improving public finance management. T...
- States asked to expedite capex loans utilisationThe Department of Expenditure has urged states to expedite their use of interest-free loans for capital investment. With only a quarter of ...
- Centre rolls out Rs 5,175 crore mine reform incentive schemeThe Centre has issued guidelines for states to claim ₹5,175 crore in incentives under the SASCI 2026-27 scheme by accelerating mine operati...
- Finance Minister to review flagship schemes with state-owned banks, RRBs in West Bengal: SourcesFinance Minister Nirmala Sitharaman will soon review key schemes like Jan Dhan, Mudra, and PM Vishwakarma in West Bengal. She will meet wit...
- State capex hits 2.7% of GDP under SASCI scheme: ReportThe SASCI scheme has boosted state capital spending to 2.7% of GDP. However, utilization of central loans for capital expenditure is uneven...
- Part of state capex loan tied to fiscal disciplineUnder the total outlay, Arunachal Pradesh received the highest allocation of Rs 4,900 crore, followed by Himachal Pradesh with Rs 3,920 cro...
- Parliament watch: No GST impact study, govt not considering farm loan waiver, jobs for Agniveers, and SASCI near full disbursalThe finance ministry has stated no formal study on GST rate rationalization's inflationary impact has been conducted, though lower rates ar...
- PM Modi inaugurates development projects worth Rs 2,700 cr in Puducherry for region’s economic growthPrime Minister Narendra Modi inaugurated and laid the foundation stone for development projects worth Rs 2,700 crore in Puducherry, focusin...
- States urged to expedite capex proposals, use up funds before March 31The government is pushing states to quickly approve and implement projects under the Special Assistance to States for Capital Expenditure s...
- State capex loans cross 56% of FY26 target by Jan 5; Centre aims for full utilisationThe Centre has released over ₹83,000 crore to states for capital investment. This is part of the special assistance scheme for capital inve...
- Centre eases norms for states to avail capex loansThe Centre has relaxed loan conditions for states' capital expenditure. A larger portion of funds is now untied, offering states more proje...
- Sopping spree to boost state reforms: Centre outlays incentives via Rs 1.5 lakh cr scheme for FY26The central government is setting reform targets for states. These reforms span mining, urban development, road safety, and land reforms. S...
- UP govt to build hostels for working women in Ghaziabad, Lucknow, Gautam Budh NagarThe Uttar Pradesh government is set to build modern, secure, and affordable hostels for working women in Lucknow, Gautam Buddha Nagar, and ...
- Funds devolved to states under 15th Finance Commission higher: Finance MinisterFinance Minister Nirmala Sitharaman announced increased devolution of funds to states under the 15th Finance Commission, exceeding the prev...
- Tourism boom to spur 24% annual growth for 5 yearsIndia's tourism sector is projected to surge over 24% annually for the next five years, fueled by economic growth and govt initiatives. The...
- Tourism ministry gets 87 proposals for central assistance under SASCI schemeStates and union territories have submitted 87 proposals to the tourism ministry for support under the SASCI scheme. The scheme includes 50...
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