FY26 capex loan outlay may go up after review
New Delhi, July 23 -- The Centre is considering a higher allocation for FY26 under its 50-year interest-free capital expenditure loan for states, the Special Assistance to States for Capital Expenditure (SASCE) scheme, following a pickup in fund sanctions early in the current fiscal, two people familiar with the development said.
A final decision, along with the size of the increase, is expected after the mid-year review in September-October. The last revision had seen a hike of around 35%.
The SASCE scheme, launched in FY21 to stimulate post-pandemic recovery through state-led infrastructure investment, has become a key instrument for boosting public capital expenditure.
Allocations have remained unchanged over the last two years at Rs.1.5...
To read the full article or to get the complete feed from this publication, please
Contact Us.