Govt. Approves ₹660 Crores Additional Funds To MP For CAPEX

  • On Sunday, the Finance Ministry of India approved additional funds of ₹660 crores to Madhya Pradesh for Capital Expenditures (CAPEX).

  • These additional funds have been granted as the state undertook 'One Nation, One Ration Card' reforms, Ease of Doing Business reforms, and urban local bodies reforms.

  • 50% of the total amount (i.e. ₹330 crores) has already been transferred in the form of 1st installment.

  • "A list of capital projects with an estimated cost of ₹660 crores was approved by the Department of Expenditure. Fifty percent of the approved amount has also been released to the state as the first installment for the approved projects," the ministry said in a statement.

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