CosmicTaco

States Seek Special Financial Packages in Pre-Budget Talks

CosmicTaco · 2024-12-20T22:06:27.190724+05:30

- Punjab and Kerala requested special financial packages during pre-Budget consultations with Finance Minister Nirmala Sitharaman. - States demanded higher allocation for 50-year interest-free loans and more flexibility in the Special Assistance for Capital Investment scheme. - Calls for increased borrowing limits, state-specific road projects, and larger central share in land acquisition costs were highlighted. Source: [The Economic Times](http://economictimes.indiatimes.com/news/economy/policy/budget-2025-nirmala-sitharaman-holds-meet-with-states-punjab-and-kerala-seek-special-financial-packages/articleshow/116508501.cms), [Business News India](https://www.businesstoday.in/union-budget/story/union-budget-2025-26-states-seek-financial-relief-and-support-in-pre-budget-consultation-with-nirmala-sitharaman-458094-2024-12-20)

Punjab and Kerala requested special financial packages during pre-Budget consultations with Finance Minister Nirmala Sitharaman.
States demanded higher allocation for 50-year interest-free loans and more flexibility in the Special Assistance for Capital Investment scheme.
Calls for increased borrowing limits, state-specific road projects, and larger central share in land acquisition costs were highlighted.

Source: The Economic Times, Business News India