![Centre sets out rules on disbursing Rs 1 trillion capex funds to states Centre sets out rules on disbursing Rs 1 trillion capex funds to states](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgcGc2TcRPm0rM-Iu_yGYdiQEhU8_ZGezBhjff1K8T9HKNwnpeJiYcDj1rbVVblv7d4zPqkl2JCPwwfFJvnBqAPiqwu7kmV4Cj7-O8HUr_qM-Y3T0oPIEinrs8SkItjc_1Gi9PhvwJonKdGqHZZsU0ZWoF2_XA955O_ziugNaQJjs7upez_R9MxsdWgcw/w320-h213-rw/fund_of_funds.jpg)
- This condition includes facilitating Gati Shakti, funding the PM Gram Sadak Yojana, incentivizing digitization, laying the optical fiber cable network, urban reforms, disinvestment, and monetization.
- While Rs 80,000 crore will be allocated to the states in proportion to their shares in central taxes and duties the remaining Rs 20,000 crore will be for specific purposes.
- Funds provided to the states under the scheme will be used for new and ongoing capital projects as well as for settling pending bills in them.
- In addition to that, the project with a capital outlay of less than Rs 5 crore and maintenance projects irrespective of the capital outlay will not be considered under the scheme.
- States had already started submitting projects for the scheme and the full amounts would be disbursed by the end of September.
- Apart from that FY22, the scheme continued with an allocation of Rs 15,000 crore.
Question:
Q.1 Centre will release ________ interest-free Capex loans, to the state in this fiscal year?a. 2 Trillion
b. 1 Trillion
c. 3 Trillion
d. 4 Trillion