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No specific projects, grants, CM's wishlist goes for a toss
The New Indian Express Kalaburagi
|February 02, 2025
WITH no specific projects or grants in the Union Budget, Karnataka can still work on its infrastructure from the Rs 7,564 crore allocated for the railway projects, centrally sponsored schemes and interest-free loans for capital expenditure.
Finance Minister Nirmala Sitaraman has allocated Rs 1.5 lakh crore to all the states as an interest-free loan for 50 years. In 2024, Karnataka had availed around Rs 3,500 crore and implemented development works under PWD and irrigation departments and digitisation of land records.
This time too, the state is likely to avail around Rs 5,000 crore, finance department sources said.
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