{"id":34838,"date":"2020-12-14T05:22:24","date_gmt":"2020-12-14T05:22:24","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=34838"},"modified":"2020-12-14T05:22:25","modified_gmt":"2020-12-14T05:22:25","slug":"finance-ministry-oks-rs-9800cr-for-27-states","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/finance-ministry-oks-rs-9800cr-for-27-states\/","title":{"rendered":"Finance ministry OKs Rs 9,800cr for 27 states"},"content":{"rendered":"\n<p>The finance ministry had approved Rs 9,879 crore for capital expenditure for 27 states under the Atmanirbhar Bharat package.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key-Points<\/strong><\/h2>\n\n\n\n<p>The scheme was announced by the Finance Minister on 12th October as a part of the Aatmanirbhar Bharat package.<\/p>\n\n\n\n<p>The Scheme is aimed at boosting capital expenditure by the State Governments who are facing a difficult financial environment this year due to the shortfall in tax revenue arising from the COVID 19 pandemic.<\/p>\n\n\n\n<p>Capital Expenditure has a higher multiplier effect, enhancing the future productive capacity of the economy, and results in a higher rate of economic growth.<\/p>\n\n\n\n<p>Therefore, despite the adverse financial position of the Central Government, it was decided to extend a special assistance to the State Governments in respect of capital expenditure in 2020-21.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The finance ministry had approved Rs 9,879 crore for capital expenditure for 27 states under the Atmanirbhar Bharat package. Daily Current Affairs Quiz 2020 Key-Points The scheme was announced by the Finance Minister on 12th October as a part of the Aatmanirbhar Bharat package. The Scheme is aimed at boosting capital expenditure by the State [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":34839,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1364],"tags":[82],"offerexpiration":[],"class_list":["post-34838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-december-2020","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=34838"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34838\/revisions"}],"predecessor-version":[{"id":34840,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34838\/revisions\/34840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/34839"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=34838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=34838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=34838"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=34838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}