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USE CENTRAL CAPEX LOANS TO DRIVE GROWTH, FM URGES STATES
Hindustan Times Jammu
|July 12, 2025
Finance minister Nirmala Sitharaman on Friday urged states to make full use of the Centre's special assistance to states for capital expenditure (SASCE) scheme to drive economic growth by investing in employment-generating infrastructure and local development.
“When you build capital assets, employment increases, core sectors benefit, and the multiplier effect is a lot more than just putting money in people’s hands,” Sitharaman said while speaking at a public event in Shillong.
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