States given capital expenditure targets tied to interest-free loans

If target missed, part of loans to be deducted in 2024-25

Arup Roychoudhury Business Standard New Delhi
Indian rupee, rupee, rupee vs dollar

For the first time ever, the Centre has tied part of the Rs 1.3-trillion capital expenditure (capex) support to states with their capex targets. These capex targets, for the approaching financial year

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First Published: Mar 15 2023 | 7:35 PM IST

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