Rs 3,295 crore sanctioned for 40 projects in 23 states to spruce up iconic tourist hotspots

IANS | February 3, 2025 6:53 PM

New Delhi, Feb 3 (IANS) The Centre has, under its ‘Special Assistance to States for Capital Investment (SASCI), sanctioned 40 projects in 23 states worth Rs 3,295.76 crore during the current financial year to comprehensively develop iconic tourist centres in the country, branding and marketing them at global scale, Union Minister for Tourism and Culture, Gajendra Singh Shekhawat, informed the Lok Sabha on Monday.

Rs 50.65 lakh crore India Budget to boost entrepreneurship, innovation, investments

IANS | February 3, 2025 1:32 PM

New Delhi, Feb 3 (IANS) The focus on public-private partnerships (PPP) in infrastructure, along with 50-year interest-free loans for state projects, is expected to create a multiplier effect not only boosting India's GDP but also strengthening the states’ economy, leading industry chamber PHDCCI's President Hemant Jain said on Monday.

Budget boosts consumption, fiscal prudence, Capex: Report

IANS | February 3, 2025 1:16 PM

New Delhi, Feb 3 (IANS) The Union Budget 2025–26 is crafted as a bold statement of fiscal consolidation and long‐term structural reforms, with the government maintaining the fiscal deficit at 4.4 per cent for FY26 while maintaining investment momentum with capital spending rising by 10 per cent to ₹11.2 lakh crore.