27 States avail benefits of the “Scheme
for Special Assistance to States for Capital Expenditure”
·
Capital
Expenditure Projects worth Rs.9,879.61 crore approved
·
An amount
of Rs.4,939.81 crore released as first instalment
[MoF Press
Release/12.12.2020]
All
the States except Tamil Nadu have availed benefits of the newly announced scheme
for “Special Assistance to States for Capital Expenditure”. The scheme was announced
by the Finance Minister on 12th October, 2020 as a part of the AatmaNirbhar Bharat package.
The Scheme is aimed at boosting capital expenditure by the State
Governments who are facing difficult financial environment this year due to the
shortfall in tax revenue arising from the COVID 19 pandemic. Capital Expenditure
has a higher multiplier effect, enhancing the future productive capacity of the
economy, and results in a higher rate of economy growth. Therefore, despite the
adverse financial position of the Central Government, it was decided to extend a
special assistance to the State Governments in respect of capital expenditure, in
financial year 2020-21.
The Scheme has got very warm response from the State Governments.
So far capital expenditure proposals of Rs. 9,879.61 crore
of 27 States have been approved by the Ministry of Finance. An amount of Rs. 4,939.81 crore has already been released to the States as
the first instalment under the scheme. State-wise allocation, approval granted and
funds released is attached.
The capital expenditure projects have been approved in diverse
sectors of economy like, Health, Rural Development, Water Supply, Irrigation, Power,
Transport, Education, Urban Development.
The Scheme has three parts. Part –I
of the scheme covers the north-eastern region. Under this part, Rs.200 crores is
allocated to 7 north-eastern States (Arunachal Pradesh, Meghalaya, Manipur, Mizoram,
Nagaland, Sikkim and Tripura). In view of higher population and geographical area,
Assam has been allocated Rs.450 crores under the scheme.
Part-II of the Scheme is, for all other States not included in
Part-I.An amount of Rs.7,500
crores is earmarked for this part. This amount has been allocated amongst these
States in proportion to their share of central tax as per the interim award of the
15th Finance Commission for the year 2020-21.
Part-III of the Scheme is aimed at pushing various
citizen-centric reforms in the States. Under this Part, an amount of Rs.2000 crores
is earmarked. This amount will be available only to those States who carry out at
least 3 out of the 4 reforms specified by the Ministry of Finance in its letter
dated 17th May, 2020 regarding reform linked additional borrowing permissions.
The 4 reforms are - One Nation One Ration Card, Ease of doing Business Reform, Urban
Local Body/ Utility Reform and Power Sector Reform.
|
Scheme for Special Assistance to
States for Capital Expenditure (Rs. in crore) |
||||
|
S.No |
State |
Amount Allocated |
Amount Approved |
Amount Released |
|
1 |
Andhra
Pradesh |
344.00 |
344.00 |
172.00 |
|
2 |
Arunachal
Pradesh |
200.00 |
200.00 |
100.00 |
|
3 |
Assam |
450.00 |
450.00 |
225.00 |
|
4 |
Bihar |
843.00 |
843.00 |
421.50 |
|
5 |
Chhattisgarh |
286.00 |
286.00 |
143.00 |
|
6 |
Goa |
32.00 |
32.00 |
16.00 |
|
7 |
Gujarat |
285.00 |
285.00 |
142.50 |
|
8 |
Haryana |
91.00 |
91.00 |
45.50 |
|
9 |
Himachal
Pradesh |
450.00 |
450.00 |
225.00 |
|
10 |
Jharkhand |
277.00 |
277.00 |
138.50 |
|
11 |
Karnataka |
305.00 |
305.00 |
152.50 |
|
12 |
Kerala |
163.00 |
163.00 |
81.50 |
|
13 |
Madhya
Pradesh |
660.00 |
660.00 |
330.00 |
|
14 |
Maharashtra |
514.00 |
514.00 |
257.00 |
|
15 |
Manipur |
200.00 |
200.00 |
100.00 |
|
16 |
Meghalaya |
200.00 |
200.00 |
100.00 |
|
17 |
Mizoram |
200.00 |
200.00 |
100.00 |
|
18 |
Nagaland |
200.00 |
200.00 |
100.00 |
|
19 |
Odisha |
388.00 |
388.00 |
194.00 |
|
20 |
Punjab |
150.00 |
146.50 |
73.25 |
|
21 |
Rajasthan |
501.00 |
501.00 |
250.50 |
|
22 |
Sikkim |
200.00 |
200.00 |
100.00 |
|
23 |
Tamil
Nadu |
351.00 |
0.00 |
0.00 |
|
24 |
Telangana |
179.00 |
179.00 |
89.50 |
|
25 |
Tripura |
200.00 |
200.00 |
100.00 |
|
26 |
Uttar
Pradesh |
1501.00 |
1501.00 |
750.50 |
|
27 |
Uttarakhand |
450.00 |
434.11 |
217.06 |
|
28 |
West
Bengal |
630.00 |
630.00 |
315.00 |
|
|
Total |
10250.00 |
9879.61 |
4939.81 |