Key Points
New Delhi: States that do not adhere to branding guidelines for central government-sponsored schemes could lose concessional funding from the Centre under the 50-year capex loan window...
The Centre is planning to tighten conditions under this facility, as cases of state governments, particularly ruled by opposition parties, renaming centrally sponsored schemes to portray them as their own programmes, a senior government official familiar with the matter told ET...
Union finance minister Nirmala Sitharaman had in September 2022 in Telangana flagged the issue of Prime Minister Narendra Modi's picture missing from a local fair price shop...
"The first instalment of the capex loan to states will be released only when they fulfil these conditions as they cannot rebrand the Centre's scheme as their own," the official said..
However, only states that retain the Centre's official name and branding for such schemes and furnish a certificate mentioning the amount used from the Centre's share and the interest accrued on the funds in the current financial year by March 31 will be eligible for this loan facility...
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