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In a bid to boost capital spending by states and nudge them to monetise their assets, the Centre will provide an additional Rs 15,000 crore as interest-free 50-year loan to them. This is in the wake of the economy facing headwinds on account of a second Covid wave. The funds provided to states under the scheme will need to be used for new and ongoing capital projects, and to settle pending bills for ongoing capital projects. Besides the amount earmarked for North East and other states, Rs 5,000 crore has been allocated to incentivise states for monetisation of their assets and divestment of state public sector enterprises. Of the Rs 5,000 crore allocated, states will receive 50-year interest-free loans, ranging from 33 per cent to 100 per cent of the receipts through asset monetisation, listing and disinvestment of state PSUs. “Monetisation of assets unlocks their value, eliminates their holding cost and enables scarce public funds to be deployed to new projects, thus speeding

Himachal pradeshAditi nayarMadan sabnavisNational infrastructure pipelineNorth eastAmbedkar schoolஇமாச்சல் பிரதேஷ்தேசிய உள்கட்டமைப்பு குழாய்வடக்கு கிழக்குஅம்பேத்கர் பள்ளி