Centre approves Rs 56,415 crore for 16 states under capex scheme

The Finance Ministry has approved investments worth Rs 56,415 crore across 16 states for the 'Special Assistance to States for Capital Investment 2023-24' scheme. The investments will be made in sectors such as health, education, power, roads, railways and irrigation. The scheme provides a 50-year interest-free loan up to Rs 1.3 lakh crore to state governments.

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