Government to continue 50-year interest-free loans to states for another year: Finance Minister Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman on Wednesday announced that the Centre will continue 50-year interest-free loans to state governments for one more year. She also said the enhanced capex of Rs 10 lakh crore for infrastructure development is at 3.3 per cent of the GDP. Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment.