Maharashtra expects Rs 13,000-Rs 15,000 crore interest-free infra funds from Centre: Deputy CM Devendra Fadnavis
A day after Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24, Maharashtra Deputy Chief Minister Devendra Fadnavis, who holds the finance portfolio, said on Thursday that the state government expects Rs 13,000-Rs 15,000 crore interest-free infrastructure funds.
The Budget has allocated Rs 10 lakh crore for infrastructure and out of this, the Centre has promised Rs 1.30 lakh crore in interest-free funds for states. The higher allocation of interest-free funds is expected to boost infrastructure in states.
“The state government expects Rs 13,000 to Rs 15,000 crore interest-free infrastructure funds,” Fadnavis said, adding that the state’s share in the annual budget has been satisfactory.
