Bhatti seeks special assistance of ₹5,000 crore under SASCI scheme
The Telangana Government has requested ₹5,000 crore in special financial assistance from the Central Government under the SASCI scheme. This request is aimed at supporting major developmental investments, particularly in the education sector. Deputy Chief Minister Mallu Bhatti Vikramarka emphasized the need for additional funds due to financial stress from previous government debts while outlining the state's commitment to improving education and infrastructure.
- ▪The Telangana Government has asked for ₹5,000 crore under the SASCI scheme.
- ▪Deputy Chief Minister Mallu Bhatti Vikramarka met with Union Finance Minister Nirmala Sitharaman to discuss the request.
- ▪The state plans to invest heavily in education, health, and rural infrastructure despite facing financial stress.
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The Telangana Government has requested the Central Government to sanction a special financial assistance of ₹5,000 crore under the Scheme for Special Assistance to State for Capital Investments.The State requested the amount over and above the allocation of ₹4,208 crore made to the State under SASCI as interest free loan of 50-year tenure. The Government plans to utilise the amounts towards major investments planned for developmental works including reforms in the education sector.Deputy Chief Minister Mallu Bhatti Vikramarka made the request to Union Finance Minister Nirmala Sitharaman when he called on her at New Delhi on Wednesday.
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