New Delhi, Feb 5 (PTI) The Ministry of Finance has released loans worth Rs 66,745 crore to 28 states under the Scheme for 'Special Assistance to States for Capital Investment'.

In a written reply to Lok Sabha, Minister of State for Finance Pankaj Chaudhary said the scheme is aimed at boosting capital expenditure by states.

Also Read | Assam Teacher Recruitment 2023: Registration Date for Assistant Teachers Posts Extended Till February 13, Apply Online at dee.assam.gov.in.

Under the scheme, special assistance is being provided to the state governments in the form of a 50-year interest-free loan up to an overall sum of Rs 1.3 lakh crore during the financial year 2023-24.

Between April 1, 2023, and February 1, 2024, Rs 66,745.21 crore has been released to 28 states under the Scheme for 'Special Assistance to States for Investment', Chaudhary said.

Also Read | PNB SO Recruitment 2024: Notification Released for 1025 Specialist Officer Posts at pnbindia.in, Know How to Apply Online.

In the 2022-23 fiscal, Rs 81,195.35 crore was released under the scheme.

Capital investment projects in diverse sectors have been approved, including health, education, irrigation, water supply, power, roads, bridges and railways.

Funds for meeting the state share of Jal Jeevan Mission and Pradhan Mantri Gram Sadak Yojana have also been provided to the states under this scheme to enhance the pace of projects in these sectors.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)