Uttarakhand News: Uttarakhand Receives ₹50.97 Crore Special Assistance for Capital Investment

Uttarakhand Chief Minister Pushkar Singh Dhami has extended his heartfelt gratitude to the Central Government and Union Finance Minister for approving financial assistance of ₹50.97 crores.

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Neha Kumari
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Pushkar Singh

Uttarakhand Chief Minister Pushkar Singh Dhami has extended his heartfelt gratitude to the Central Government and Union Finance Minister for approving financial assistance of ₹50.97 crore under the Special Assistance Scheme for capital investment this year. The Chief Minister highlighted the significance of this grant in advancing the state's developmental projects and ensuring efficient implementation of various schemes.

Financial Boost for Development Projects

 

According to a statement from the Chief Minister’s Office (CMO), the state government had formally requested the financial aid, which was subsequently approved by the Union Finance Ministry. The assistance comes as part of the Centre’s ongoing efforts to support states in bolstering infrastructure and public welfare projects through targeted funding.

Centre Grants ₹50.97 Crore to Uttarakhand for Capital Investment

Chief Minister Dhami stated that this allocation will provide a significant boost to the state’s efforts in achieving its developmental goals. "The funds will aid in the better implementation of schemes aimed at improving the quality of life for the citizens of Uttarakhand," he added.

 

The Special Assistance Scheme under capital investment aims to empower states by addressing critical infrastructure needs and fostering economic growth. The ₹50.97 crore grant is expected to play a pivotal role in strengthening the state's financial framework for ongoing and upcoming projects.

This financial aid reflects the Centre’s commitment to ensuring balanced development across regions, particularly in hill states like Uttarakhand, where geographical challenges often necessitate additional support for executing large-scale initiatives.

The Uttarakhand government plans to channel these funds into priority sectors, including infrastructure, education, healthcare, and rural development, to accelerate the pace of growth in the state.

This development marks a step forward in the collaborative efforts between the Centre and the state government to create a prosperous and self-reliant Uttarakhand.

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