Centre Releases Rs 1.11 Trillion Capex Loans to States Till January
ECONOMY & POLICY

Centre Releases Rs 1.11 Trillion Capex Loans to States Till January

The central government has disbursed approximately Rs 1.11 trillion to states between April and January under its interest-free, 50-year special assistance scheme for capital expenditure, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha on Monday. 

Chaudhary stated that loans worth Rs 1.22 trillion had been approved as of January 31, with Rs 1.11 trillion already released. Of the total Rs 1.5 trillion allocation, Rs 550 billion under Part-I of the scheme remains untied and has been distributed based on each state’s share of central taxes as determined by the 15th Finance Commission. 

The remaining Rs 950 billion is designated for reforms in key citizen-centric areas and sector-specific projects, including the development of globally iconic tourist destinations, incentives for scrapping old vehicles, and initiatives to boost industrial growth. 

In the revised estimate for 2024-25, the Centre has reduced the outlay to Rs 1.25 trillion, as some states may not receive the full amount of tied loans due to non-compliance with required conditions. 

(Financial Express)     

The central government has disbursed approximately Rs 1.11 trillion to states between April and January under its interest-free, 50-year special assistance scheme for capital expenditure, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha on Monday. Chaudhary stated that loans worth Rs 1.22 trillion had been approved as of January 31, with Rs 1.11 trillion already released. Of the total Rs 1.5 trillion allocation, Rs 550 billion under Part-I of the scheme remains untied and has been distributed based on each state’s share of central taxes as determined by the 15th Finance Commission. The remaining Rs 950 billion is designated for reforms in key citizen-centric areas and sector-specific projects, including the development of globally iconic tourist destinations, incentives for scrapping old vehicles, and initiatives to boost industrial growth. In the revised estimate for 2024-25, the Centre has reduced the outlay to Rs 1.25 trillion, as some states may not receive the full amount of tied loans due to non-compliance with required conditions. (Financial Express)     

Next Story
Infrastructure Energy

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

Next Story
Infrastructure Energy

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

Next Story
Infrastructure Transport

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?