Scheme for Special Assistance to States for Capital Investment for 2022-23

Scheme for Special Assistance to States for Capital Investment for 2022-23 – Indian Govt has launched a Scheme Special Assistance to States for Capital Investment for 2022-23. Under this Scheme, States Governments will be provided financial assistance in the form of a 50-year interest-free loan for capital investment projects.

  • Rs 3000 Crore is earmarked and will be available to States for capital projects on Optical Fibre Cable (OFC) network under Part V (Optical Fibre Cable) of the Scheme.
  • Department of Expenditure recently approved proposals of four States namely Uttarakhand, Jharkhand, Haryana and Karnataka with the allocation as 50 Cr, 84 Cr, 65 Cr and 156 Cr respectively.

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