Scheme for Special Assistance to States for Capital Expenditure

  • All the States except Tamil Nadu have availed benefits of the newly announced scheme for Special Assistance to States for Capital Expenditure.
  • So far capital expenditure proposals of Rs. 9,879.61 crore of 27 States have been approved by the Ministry of Finance.

About Scheme for Special Assistance to States for Capital Expenditure

  • The scheme was announced by the Finance Minister on 12th October, 2020 as a part of the AatmaNirbhar Bharat package.
  • The aim of the scheme is to boost capital expenditure by the State Governments who are facing difficult financial environment this year due to the shortfall in tax revenue arising ....
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