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SASCI SCHEME
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...
Centre allocates Rs 4,900 crore to Arunachal Pradesh under Pride of Hills schemeArunachal Pradesh receives a significant boost with Rs 4,900 crore from the Centre's new 'Pride of Hills' initiative. This funding targets ...
Fiscally disciplined states to get priority access to ₹3,000 crore SASCI incentive poolStates that manage their finances prudently will receive priority for a ₹3,000 cr incentive fund. The Centre's new scheme rewards states fo...
Government announces Rs 5K cr incentive for states to expedite mining blocks' auction, operationalisationIn an effort to boost the mining sector, the government is allocating a substantial Rs 5,000 crore to states that enhance the efficiency of...
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...
Andhra Pradesh plans PPP model for 10 medical collegesAndhra Pradesh is gearing up to establish a network of 10 new medical colleges through innovative Public Private Partnerships, with a proje...
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...
Budget 2026: States may get bigger capex push as Centre plans higher interest-free loansThe allocation under the Special Assistance to States for Capital Investment (SASCI) scheme may be raised to Rs 1.8-2 lakh crore for 2026-2...
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 ...
Year in review: The 2024 project scorecard of India's Ministry of TourismThe Ministry of Tourism sanctioned 76 projects under the Swadesh Darshan Scheme, 48 projects under the PRASHAD Scheme, and 65 projects unde...
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...
40 tourism projects get nod to boost lesser-known destinations in IndiaThe Centre has approved forty projects worth Rs 3,295 crore to develop lesser-known destinations into iconic sites across 23 states. This i...
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...