<span style="color: #222222;">Madhya Pradesh has become the first state to get additional funds for capital projects for successfully carrying out reforms in various citizen-centric areas.<br />'' <br />'' The Department of Expenditure, Ministry of Finance has allocated additional 660 crore rupees to the state for capital expenditure for undertaking the One Nation, One Ration Card Reforms, Ease of Doing Business Reforms, and Urban Local Bodies Reforms. &nbsp;<br />'' <br />'' The State has also completed a part of the fourth reform- the Power Sector reform.<br />'' <br />'' 50 percent of the approved amount has also been released to the state as 1st instalment for the approved projects.<br />'' <br />'' The scheme of "Special Assistance to States for capital expenditure" was announced by the Finance Minister on 12th October last year under the AtmaNirbhar Bharat package. &nbsp;<br />''<br />''The Scheme is aimed at boosting capital expenditure by the State Governments who are facing a difficult financial environment this year due to a shortfall in tax revenue arising from the COVID 19 pandemic.</span><br />
News On AIR | January 24, 2021 1:40 PM
Madhya Pradesh becomes first state to get additional funds for capital projects