Centre keen to release funds as early as possible: Finmin to sensitise state finance secretaries on

The Union finance ministry has called a virtual meeting of state finance secretaries on Wednesday to discuss the Rs 1.3 trillion special assistance to states for capital investment in the current fiscal and sensitise them about meeting various conditionalities in order to be able to fully utilise the facility.

The Centre will start releasing the interest-free capex loans to the state governments as early as possible to ensure the resultant investments by them are evenly spread out during the year to produce a large growth multiplier.

Read more at Financial Express