capex: FM will meet with Chief Secretaries of State to push capex and flagship projects – Mintpaisa

Finance Minister Nirmala Sitharaman will meet Chief Secretaries of State this week to push state capital spending and have better synergy in the implementation of flagship programs.

Sitharaman will also review the performance of credit and other social protection programs for scheduled castes at public sector banks on Tuesday, the finance ministry said in a statement on Monday. The credit given to people belonging to the SC Scheduled Caste community as well as various loan schemes such as Stand up India and PM Mudra Yojana will be discussed during the meeting, the ministry said.

A series of interactions are scheduled with the Secretaries of State starting September 30 to discuss the implementation of projects under the National Infrastructure Pipeline and Prime Minister Gati Shakti.

“The FM will discuss progress on capital spending and progress on the national infrastructure pipeline and Prime Minister Gati Shakti,” a government official told ET.

In the Union Budget 2022-23, Sitharaman announced an interest-free loan of ₹1,000,000 to the states to enable them to accelerate capital spending.- Our Office


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