FM announces ₹37,000 crore additional capital expenditure for infrastructure2 min read 12 Oct 2020, 01:50 PM IST
Centre will give ₹12,000 crore in interest-free, 50-year loan to states for capital projects. Of this, ₹2,500 crore will go to eight northeastern states, Uttarakhand, and Himachal Pradesh and ₹7,500 crore will go to other states
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said an additional budget of ₹25,000 crore will be provided as capital expenditure to develop roads, defence, water supply, urban development and domestically produced capital equipment, to boost economic growth. This will be in over and above the ₹4.13 trillion provided for in the Union Budget for 2020-21.
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