SRINAGAR, June 13 -- In a significant move aimed at accelerating the developmental momentum and catalysing key sectoral reforms, Chief Secretary, Atal Dulloo, today chaired a high-level meeting to discuss the adoption and implementation of Government of India's transformative scheme, Special Assistance to States for Capital Investment (SASCI).

Launched by the Government of India in 2021-22 for States and made applicable to J&K UT from the current financial year. SASCI offers a unique opportunity for states and UTs to ramp up their capital expenditure through 50-year interest-free loans, thereby enabling them to invest in critical infrastructure and usher in systemic reforms across ten identified sectors.

The meeting was attended by Admi...