11-12-07-21 Daily-Odisha-OPSC Current Affairs

Odishais expected to receive Rs 374 crore under the Centres special assistance scheme for the current financial year. The amount is meant for (Investment in Infrastructure) to help in high economic Growth.

The Centre had launched the scheme in the 2020-21 financial year under which financial assistance was provided to state governments in the form of 50-year interest-free loan.
The Centre had earmarked Rs 12,000 crore under the scheme of which Odisha had received around Rs 472 crore. Four major engineering departments of the State Government housing and urban development, pancyayati raj and drinking water, <a href="https://exam.pscnotes.com/water-Resources“>Water Resources and works had received the grant last year.

Nearly Rs 10,000 crore has been earmarked under the special assistance scheme for various states in the 2021-22 fiscal. The amount has been allocated in proportion to the states share of central taxes as per the recommendation of the15th Finance Commission.