After a meeting with Union Finance Minister Nirmala Sitharaman, Delhi Chief Minister Rekha Gupta said on Thursday that under the ‘Special Assistance to States/UTs for Capital Investment (SASCI)’ scheme, the national capital is expected to receive Rs 600 crore as special financial assistance by the end of this month.
Photo: SNS
After a meeting with Union Finance Minister Nirmala Sitharaman, Delhi Chief Minister Rekha Gupta said on Thursday that under the ‘Special Assistance to States/UTs for Capital Investment (SASCI)’ scheme, the national capital is expected to receive Rs 600 crore as special financial assistance by the end of this month.
Gupta mentioned that a proposal for this allocation will soon be sent to the Ministry of Finance, and added that the funds will be used to accelerate development projects across the city, including traffic management, drainage, green energy, and waste management initiatives.
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She expressed her gratitude to Sitharaman for her positive outlook and cooperative approach towards the national capital.
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She stated that the people of Delhi are witnessing the direct benefits of the collaborative efforts between the central and state governments.
The CM assured that the SASCI scheme would be implemented effectively and that every effort will be made to transform Delhi into a world-class capital city.
She said, “Delhi is not just the capital of the country, but the cultural, administrative, and economic hub of India. Its planned development and good governance should serve as a model for all.”
She added that the Delhi government is consistently working to ensure that city residents receive all the facilities they rightfully deserve as citizens of the national capital.
The CM met Sitharaman and briefed her about the development journey, progress of various schemes, and future requirements of the national capital.
Gupta highlighted how positive transformations are taking place in the capital with the support of the central government.
She shared that Sitharaman has assured complete, and continued support from the centre towards Delhi’s development.
Talking of the SASCI scheme, it was launched in 2020-21, in response to the economic revival required after the COVID-19 pandemic, aimed to provide interest-free loans for up to 50 years to States and Union Territories to support capital expenditure.
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