New Delhi, Feb. 1 -- In the Union Budget 2025, Finance Minister Nirmala Sitharaman has announced a major allocation of Rs.1.5 lakh crore for 50 years interest free loans to the state governments for boosting capital expenditure and development of infrastructure across the country.

This initiative is primarily aimed at motivating states to invest in vital infrastructure projects for the improvement of public services as well as for taking the economy forward. With this, The central government aims to empower states to make substantial capital expenditures without the immediate cost of interest payments by offering long term, interest free loans.

Based on the achievements of the previous years, the Modi government has resolutely put infra...