Finance Ministry has released an amount of 11 thousand 830 crore rupees to States under the scheme - Special Assistance to States for Capital Expenditure. The scheme was announced on 12th October last year as part of Aatma Nirbhar Bharat package. It is aimed at boosting capital expenditure by the State Governments who were facing difficult financial environment due to a shortfall in tax revenue arising from the COVID-19 pandemic. Capital Expenditure has a higher multiplier effect, enhancing the ...