Under the scheme, the Ministry has approved Rs 4,528 crore for Odisha to cover the projects in different sectors including health, education, irrigation, water supply, power, roads, bridges and Railways.
The fund is also meant to meet the state’s share of Jal Jeevan Mission and Pradhan Mantri Gram Sadak Yojana. Following is the list of the state-wise allocations of the investment:
It may be noted that the Centre had launched the scheme in Union Budget 2023-24 to give a boost to capital spending by the states considering high capital expenditure in the projects. A special assistance is provided to the states in the form of 50-year interest-free loan upto Rs 1.3 lakh crore during the financial year under the scheme.