States Urged to Speed Up Use of Capex Loans as Spending Lags
The Department of Expenditure has pressed states to accelerate the utilisation of interest-free loans tied to capital investment, warning that only about a quarter of the allocated funds have been used so far. The Centre has already released roughly ₹51,000 crore under the scheme by October 1 and is now working with states to identify projects and remove bottlenecks before the spending window narrows further.
