Modi govt's big boost to economy: Rs 12,000 crore interest-free 50-year loan to states for capital projects
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In what could give a big boost to the economy, Finance Minister Nirmala Sitharman on Monday announced a host of schemes. In a bid to trigger economic revival via stimulus measures, FM announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects. The Finance Minister also announced a special festival advance of Rs 10,000 for all gazetted and non gazetted officers.