{"id":207619,"date":"2022-09-24T19:29:15","date_gmt":"2022-09-24T13:59:15","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=207619"},"modified":"2022-09-24T19:29:15","modified_gmt":"2022-09-24T13:59:15","slug":"scheme-for-special-assistance-to-states-for-capital-investment-for-2022-23","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/scheme-for-special-assistance-to-states-for-capital-investment-for-2022-23\/","title":{"rendered":"Scheme for Special Assistance to States for Capital Investment for 2022-23"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article <\/span><b>\u201c<\/b><b>Scheme for Special Assistance to States for Capital Investment for 2022-23<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in<\/span><b> PIB <\/b>on<b> 23rd September 2022<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The government of India has launched a Scheme Special Assistance to States for Capital Investment for 2022-23.\u00a0<\/span><\/p>\n<h5><b>What is Special Assistance to States for Capital Investment 2022-23?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Under the Scheme, financial assistance will be provided to the State Governments in the form of a 50-year interest-free loan for capital investment projects.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The loan provided under the Scheme will be over and above the normal borrowing ceiling allowed to the States for the financial year 2022-23.\u00a0<\/span><\/p>\n<p><b>The scheme has seven parts:<\/b><\/p>\n<p><b>Part-l: <\/b><span style=\"font-weight: 400;\">The amount has been allocated amongst States in proportion to their share of central taxes &amp; duties as per the award of the 15&#8243; Finance Commission.\u00a0<\/span><\/p>\n<p><b>Part-ll (PM Gati Shakti related Expenditure): <\/b><span style=\"font-weight: 400;\">It is aimed at facilitating PM Gati Shakti related investment-in the States<\/span><\/p>\n<p><b>Part-lll (PMGSY)<\/b><span style=\"font-weight: 400;\">: This amount is meant for supplemental funding for priority segments of PM Gram Sadak Yojana (PMGSY) including support for the States share.<\/span><\/p>\n<p><b>Part-IV: <\/b><span style=\"font-weight: 400;\">Incentivisation for digitization<\/span><\/p>\n<p><b>Part-V:<\/b><span style=\"font-weight: 400;\"> The amount will be available to states for capital projects on laying optical fiber networks.<\/span><\/p>\n<p><b>Part-VI (Urban Reforms):<\/b><span style=\"font-weight: 400;\"> The amount will be available to States as incentive for undertaking reforms related to Building Byelaws, Town Planning Schemes, Transit Oriented Development, and Transferable Development Rights.<\/span><\/p>\n<p><b>Part-VIl (Disinvestment and Monetization):<\/b><span style=\"font-weight: 400;\"> It is aimed at providing incentives to State Governments for privatization\/disinvestment of the State Public Sector Enterprises (SPSEs) and monetization\/recycling of assets.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cScheme for Special Assistance to States for Capital Investment for 2022-23\u201d published in PIB on 23rd September 2022 What is the News? The government of India has launched a Scheme Special Assistance to States for Capital Investment for 2022-23.\u00a0 What is Special Assistance to States for Capital&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/scheme-for-special-assistance-to-states-for-capital-investment-for-2022-23\/\">Continue reading <span class=\"screen-reader-text\">Scheme for Special Assistance to States for Capital Investment for 2022-23<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,9,959],"tags":[3590],"class_list":["post-207619","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-public","category-schemes","tag-pib","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/207619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=207619"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/207619\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=207619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=207619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=207619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}